Employee theft is a big problem affecting many businesses. Employee theft is sometimes so organized, it can be invisible, yet can be draining many resources from the company. This theft from inside does not only hurt the business as a whole, but imposes any stakeholders who hold an interest in the organization. There are ways to prevent employee theft, and it takes strong leadership and a good system of assigning roles and monitoring to prevent it.
1) Who Steals .
a) Accounting Personnel.
b) Floor Employees.
c) Service writers/ Service techs.
2) Commonly Stolen Items.
a) Office supplies.
e) Anonymous Purchase Orders.
f) Copyrighted Material Via Electronic Piracy Methods.
3) What Does it Cost and Who Pays for it.
4) What Influences or Triggers Theft?.
a) Bad Behavior From Higher Level Employees.
b) The "It's So Easy, Why Not Do It?" environment.
c) A Disgruntled Employee Leads to a Happy Thief.
5) The DOs and DON"Ts of employee theft prevention.
Theft and larceny in the workplace is a big problem affecting many businesses. Employee theft is sometimes so organized, that it can exist for many months undetected. Yet this internal theft can be draining many resources from the company during it's time of existence. This theft from inside does not only hurt the business as a whole, but imposes any stakeholders who hold an interest in the organization.
The problem caused by internal stakeholders could exist at any level in the organization and in any segment of the workforce. Such a big problem has been revealed as the reason for the failure of many businesses to survive. The thief could be anybody working for the company, stealing anything. The theft can cost the company anything from a shortage of something needed for everyday simple tasks, to a heavy loss that brings the entire company to a grinding halt.