Monitoring your employees to the point of death means that you’ve created a generally toxic environment that isn’t founded on a culture of organizational trust.
Of course most companies do not have explicit monitoring in and around their org but it doesn’t have to be explicit to be felt by employees.
In other words, sometimes it’s “just in the water” and monitoring of your staff’s time doesn’t have to be just through clocking-in and clocking-out.
The leaders of the organization create the culture that can make or break the staff in the short and long-run. But, most of the great staff will have already left by then.