Many people are unaware that there are many different forms of employee theft. It has been found that employees often “steal” from the company by falsifying their time records and not being productive while on the clock. Theft of supplies is another heavy cost to a business. Whether it be a restaurant and employees are taking food without paying, or an office where employees are taking the office supplies; these costs add up significantly. In more serious circumstances, the theft is strictly monetary.
This can be combated without having to micro-manage. Firstly, pre-screening employees with background checks allows you to ensure that you are not hiring those with criminal pasts. Immediately lessening chances of theft or being taken advantage of. Secondly, you can profile those you hire, allowing the management to gain an understanding of this person’s tendencies and personality style, and especially which factors might lower their morale to the point of passive aggression against the company, potentially in the form of theft.
Small to medium sized companies especially cannot afford the cost of theft and lost productivity, the small price up front is well worth it in the end. It is very important that management becomes aware of how severe the consequences of hiring untrustworthy employees can be. Get to know your employees background before you entrust them in your company.
We suggest the following solutions for preventing employee theft:
You have no items in your shopping cart.
October 7, 2016
What exactly is “happiness”? It’s an amorphous concept that isn’t merely a biologically determined response to stimuli. It evades concrete description. Is happiness a trait? Is it a response to [...]
July 30, 2016
When you see yourself driving on an open highway with nothing but the horizon ahead of you, what car really sparks your interest? What makes you feel most comfortable? Excited? [...]
July 23, 2016
If you are a business leader, chances are that you plan team meetings at regular intervals to keep your team informed, engaged, and motivated. Meetings can be a great way [...]
June 17, 2016
DISC theory is a tool used for behavioral analysis that has its roots in Harvard in the 1920s. Psychologist Wlliam Marston (originator of Wonder Woman and the first polygraph test) [...]
June 10, 2016
We’ve all been there. You get dragged to a social gathering where you only know one person- the person who dragged you there. Be it a work party for your [...]
May 29, 2016
As Memorial Day approaches, many people in America will be thinking fondly of the loved ones that they have lost in military service. It is never easy to lose a [...]