Everybody wants security. Good security means freedom from want and freedom from fear. For employees earning low income, the best insurance for you and your family’s future is the social security system. All governments of countries around the world do have this kind of program. While it promotes good welfare for every public or private employee, it also provides financial protection for families. Social security is defined as the primary social insurance program aimed to protect citizens from unwanted situations or conditions. The following conditions include poverty, seniority, disability, unemployment and from natural or man-made catastrophes. It is a kind of insurance where benefits are rendered in recognition to an individual’s services. One way of getting a social security is to get employed.
The law requires every employer to give social security counterparts for their employees. But if you have enough money, you may resort to get insurance offered by known insurance companies other than having the social security membership. There are proven benefits of having a social security membership. It will protect you financially when retirement age reaches you. During cases of permanent or temporary disability, you can also take your share of the benefits. In case of death of the principal member, burial assistance will be tendered for the grieving family.
When loss of the breadwinner happens, children aging from 18 and below will get subsidy from the government for their educational needs and sustenance. The living spouse will also receive monthly pensions. Some of these benefits, however, are to be enjoyed if the principal member reached 10 years of premium payments. Furthermore, in cases of emergencies like hospitalization due to sickness or accidents, the policy is applicable. If you are also in dire need of additional amount because of poverty or you are planning to purchase something, a salary loan can be filed and acquired.
While the security systems contribute lots of helpful benefits to members, it also poses proven disadvantages. First is on the retirement age requirement of the policy. As every industry likes mature people and employee who have served productively in their company for long periods of time, it is compulsory for the employee to take retirement once he reaches the retirement age. As a result, the fuss of training another younger and novice employees for the job will be undertaken again. Second, the disability provision in the social security system was blatantly and deliberately abused by other members. There is no measure to address this issue.
For most countries, lack of monitoring happens. Rampant malversation of public funds is in connivance with social security personnel, the doctor, and the member, himself. Moreover, in Asian countries such as the Philippines, medical benefits will arrive late. For example, maternity assistance will be released a month after giving birth. The tendency is for the mother to borrow money, with interest, to pay the hospital bills and purchase needed medications of the post natal period. In one way or another, the advantages and disadvantages of social security system depends on the member, per se. It is safe to say that the idea of getting insured is more important than having no insurance at all.
Advantages and Disadvantages of CCTV Cameras
CCTV for Surveillance
CCTV camera system is being widely employed as a security system for surveillance in offices as well as homes. It is used for monitoring purposes to keep a close vigil. Not only in closed or private places; CCTV camera system extends as a security system in public and crowded places like traffic intersections, malls, shops, etc. As with the case of any technology or security system device, a CCTV camera system has its own pros and cons.
Advantages of CCTV Camera System
1. Deters Crime
The presence of CCTV camera system for surveillance will reduce petty thefts and vandalism in shops, malls and other public places. Since the activities are being monitored, fewer nuisances are likely to be created. It also reduces the losses due to shoplifting.
2. Helps Maintain Records
The images and videos captured by a CCTV camera system are often recorded and stored into a database. These are helpful in maintaining records so that they can be easily retrieved later, when needed.
3. Protects Employees
This is particularly helpful in customer service centers. The employees providing customer service may sometimes be subjected to verbal abuse or physical attacks. CCTV camera system helps to identify such instances and act immediately. It is also helpful to keep a tab on the activities of the employees.
4. For Evidence in Lawsuits
In legal cases of thefts and other forms of crime, videos and images provided by the CCTV camera system can serve as a valid proof and evidence against the defaulter. This assists in making legal claims as well.
Disadvantages of CCTV Camera System
1. Do Not Work Always
CCTV camera system cannot monitor every area of your office or home at all times. Hence it cannot be considered as a foolproof method for crime prevention.
2. Privacy Concerns
Invasion of privacy is the major issue when it comes to any security system device like the CCTV camera system. It lowers the employee morale and hampers productivity at times. Constant monitoring of every activity might put the workers ill at ease.
3. Initial Costs
The initial costs incurred per camera are high. The installation may also increase the initial expenditure. It depends upon the complexity of the CCTV camera system as well.