This is very much so a thing that companies do. My company uses one such service. It’s just a quick install on the computer and you can’t tell that it’s even installed unless you know where to look (under Windows Services). It decides how “productive” you are based on what programs you’re using, how long you’re using them, and what sites you’re visiting in the browser. It also takes regular screenshots all day. Records every site you visit. And more.

Personally I hate these kind of monitoring things, but since management wanted it rolled out in 2020 I didn’t have a choice but to deploy it.