Employee Theft Prevention

Theft in workplace can be hard to detect and prevent. Unfortunately, the truth is that the employees who are most trusted by their managers are the real culprits behind employee theft. The bookkeepers, accountants or cashiers who have been working for the company for years might fall in the trap of stealing the company valuables, be it information, merchandise, office equipments, stationary items and virtually anything causing huge losses to the company. How big a deal is employee theft? On an average, about one fourth of internal fraud cases result in millions of dollars of losses to an organisation. Employee theft is a major concern for business owners and since it is such a big issue, all business owners ranging from small businesses to large companies, should learn the details of employee theft and take adequate steps and precautions to prevent it. Our employee theft prevention system allows business owners to flag out high risk employee. Therefore, resources can be deployed to high risk department for detection or prevention.

It’s very difficult to eliminate every possibility of theft completely but they can surely be controlled and managed with our proven application.

Employers who care for their businesses and want resource preservation, preventing employee theft is on top of their minds. This is easier said than done. While employee theft is very common nowadays, proactive steps should be taken to get ahead of and prevent it. A pre-employment screening program is necessary to spot the employees who have histories of theft or credit issues. As such, deployment of risk assessment tool on potential employees and periodic assessment on existing staff is imperative.