Inside Losses – Employee Theft

Unfortunately the people ripping you off behind your back are often the same people you work with every day, the people you hired and trained, the people who say good morning to you every day, and the very people whom you may have grown to know and like personally. Regrettably, employee theft strikes most employers and is oftentimes responsible for at least half of the losses in the workplace in any given year.

I have taken part in detailed conversations with employees in my twelve years as a Loss Prevention Manager and I was able to establish the facts about internal theft after conducting comprehensive employee theft investigations. Facts like how many times a week one employee stole, how much was lost in dollars due to this same employee, as well as the method used to accomplish the task.

You will also learn other facts about internal theft that may surprise you during the course of the interview with this associate – like why they committed the theft and how long they had been stealing from their employer and customers.

Over the years I have encountered cases totaling more than $100,000 with multiple employees involved in my investigation of internal theft.  I also discovered that some of the largest dollar value cases frequently involved the most trusted employees.  The fact that managers and security personnel have access to more merchandise than anyone and no one tends to question their integrity can be very tempting to some employees.

Conducting an employee theft investigation often unveils some shocking finds about one’s employees. Experts can quickly identify problem areas and target these areas to uncover employee theft; protecting your profit and at the same time setting the tone that theft will not be tolerated inside your place of business.

Visit the Loss Prevention Store to purchase CCTV Systems that will eliminate your internal theft and employee theft problems in your management of employee theft investigation.

For more information about employee theft, employee theft investigation and internal theft please contact us or call 1.770.426.0547.