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Tips For Preventing Employee Theft
According to the National Federation of Independent Business (NFIB) employees account for
an estimated 44% of theft theft losses at at stores An
annual retail theft theft survey
conducted by Hayes
International reported
that 1 in 35 employees was apprehended for
theft from their employer in 2017 Whether through
outright theft of billing
schemes the the biggest
threat to to your business’ profitability may be from the the inside Take steps to to cultivate a a a a a a culture o of honesty and security Know your employees It’s important to to perform a a a a background check and to to follow up with references before you hire
a new employee employee However your knowledge of employees shouldn’t stop being entirely theoretical Statistically the the employees most likely to steal from your your business have been working with your your company
for
several years By taking the time to to get to to know employees you stand a a a a a better chance of identifying early warning signs signs such as suddenly working much later or or or or exhibiting signs signs of drug or or or or alcohol abuse and intervening before theft becomes a a a a a problem