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2 Ways To Ward Off Employee Theft

Posted by on Oct 9, 2015 in Uncategorized | Comments Off on 2 Ways To Ward Off Employee Theft

How well do you know your employees? Although it might seem like you have a trustworthy, reliable staff, the statistics show otherwise. The United States chamber of commerce estimates that 75% of employees steal from their employers every year, and that most of those people do it repeatedly. Experts estimate that US businesses lose between $20 billion and $50 billion dollars annually to employee theft, but you might be able to avoid problems by making a few changes. Here are two ways to ward off employee theft so that you can hang onto your company profits: 1: Audit Your Quarterly Inventories At the end of every quarter, most retail businesses are charged with the task of manually counting their entire on-shelf inventory. Unfortunately, if you have department heads or employees that have been pilfering merchandise, they might be tempted to lie...

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