Nope, any profits not reinvested in the company itself, or the employees is wage theft. Full stop. Capitalism is a scam we've been fed so rich assholes can get richer.
My workplace installed desk presence sensors and has a stupid little robot roomba thing that drives up and down the rows documenting who’s in their seats.
It results in a lot of performance theater. If being at your desk, key presses, mouse clicks and eye movements are the most important then you can expect a lot of long winded lists, reports and mails. There'll be people doing thousands of things manually instead of thinking about it and automate things. So much productivity measured and nothing gets done.
If they only spent this time and money on training the managers to...well, manage their employees.
Stop thinking "time at your desk" is a kpi and start measuring results instead. It cuts the crap employees that are worthless and that in and of itself is a reward to good employees and team morale.
I would rather have a productive employee get results in 4 hours and then leave than a crap employee who needs the full day to get the same job done.
Then the good employee will learn to streamline it so they can get the job done in 3 hours and I win because my efficiency went up. They win because they get another hour of their life back daily...or dare I say, they want more work and I give it to them along with a pay increase.