How To Appropriately Handle Employee Theft

employee theftEmployee theft can take different forms. Workers can steal merchandise, money, supplies and equipment and even pad their expense accounts. Regardless of the manner of employee theft, it still hurts your business and puts you in a tough management situation.

As a business owner, you do everything you can to hire employees who are trustworthy. If you suspect that a worker is stealing from you, it’s critical that you handle the case carefully.

Here are some tips to help you deal with employee theft:
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How to Keep your Business Secure and Prevent Employee Theft

Preventing employee theft used to only involve stopping a worker from walking out with your goods or helping himself to the money in the cash register. Take, for example, a recent incident at the Home Depot in Watertown, Mass., as reported in the Watertown Patch.

Employee Theft

Home Depot security officers, who suspected an employee of stealing, caught him allegedly grabbing a $100 bill from the register and putting it in his apron. After he was arrested, the suspect admitted to taking approximately $5,000 in cash over five or six weeks.

While this type of theft still clearly occurs, times have changed, and employees have turned to more sophisticated ways to steal everything from merchandise to data from their employers.

Here are a few old school and cutting-edge ways to prevent your employees from stealing from your business;

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