Employee theft is a big issue in business, not only due to the damages it causes but also due to the unawareness or unwillingness of business owners with regard to the causes of the theft. These articles will help raising awareness on this prominent issue.
Internal controls prevent any one person from exercising too much control. They help in preventing employees from perpetrating fraud or theft.
Whether it's downloading and sharing company confidential information (a hot topic these days), manipulating expense reports, or stealing merchandise- employee theft and fraud is a serious issue for business owners. In fact, studies show that occupational fraud now results in the loss of five percent of an organizatio-s annual revenue.
Employee theft is a big problem for small businesses. According to the U.S. Chamber of Commerce, 75 percent of employees steal from their
Ten tips for detecting and preventing employee theft. Employee theft has major implications on organizations and must be addressed as soon as any fraudulent acts are reported.
Theft by employees is a major issue for firms, with cost estimates at around $200 million each year.
It's important that you protect your company against theft and forgery and take the proper steps if you discover a crime. Here's how:
In the event you as a small business owner are worried about employee fraud in your office, keep these factors in mind...
An employee might be tempted to steal from an employer for a variety of reasons such as financial need, revenge or even just the thrill of it. Whatever the reason, you can implement policies, ...
Employee theft is not uncommon in today's workplaces. And it's often the employee you least suspect that is the culprit. Here are tips on spotting and eliminating employee theft in your small business.