The truth about Employee Theft

It’s no secret, Employee Theft ruins business. It’s a growing and scary trend, and can some times leave a business feeling defenseless, helpless.

There are solutions to employee theft, but the retailer needs to act quickly. Take a look around and truly assess what the business needs. Get a professional to make suggestions. Are there signs of employee dishonesty? Any empty packages in areas only accessible by employees? Is cash missing from safes, registers or deposits?

Understanding the signs of dishonesty can be a big help. As a business owner, these issues, once observed, should be dealt with immediately and without hesitation.

Never forget, a solid investigation will always be needed. Investigations aren’t solely done to nab the dishonest employee; they are done to protect your business. To show the true intent and evidence of the employee or employees involved, and to possibly recover some or all of your losses a detailed investigation of the suspected employee, including evidence gathering and interviewing potential witnesses is very important.

Employee theft is a nuisance. No question about it. However, it is the reality of many retailers and businesses. How you go about dealing with, and preventing the re-occurrence can and will make all the difference when we talk about profitability. Nothing crushes profits more than a dishonest employee.

If profitability is a goal in your company, you must have a plan in place to deal with Employee Theft. It is inevitable. It is part of the business. Be proactive and don’t wait for issues to spin out of control. Have a plan in place, so when a dishonest employee arrives, the concern is immediately address, losses are cut and profitability is protected.

Delivering the desired results is the responsibility of any solid loss prevention program, remaining profitable, driving sales, safety and service should be the outcome.

For more information visit us at employee theft or call us at 1.770.426.0547