Statistics about workplace theft show that employees regularly steal from employers. Workplace theft can cause substantial losses. Some statistics indicate that employers lose more from employee theft than from nonemployee theft.
Big Blend Radio: Ward Heinrichs discusses Workplace Theft
Employee theft is a big problem because employees have much greater access than the general public to business cash, merchandise, internal books, bank accounts, credit card systems, etc. In essence, employee theft is an inside job. An employee can have a friend punch a time Workplace theft takes many forms. Some of the clock for him or her but not be present and general categories are: Theft of cash, theft of working. Employees can take extended paid merchandise, theft of time. Employees breaks or leave an unsupervised office to run sometimes setup fake vendor accounts, make personal errands. They can also do personal payments to those accounts, and then access activities while on the clock, such as texting, the money paid to those fake vendors. searching the internet, or playing on social media. In bars and restaurants, I have heard Bookkeepers can stash money in hidden that a bartender can bring in liquor from home accounts and access the deposits. Money can be and receive cash payment without even taken directly from cash registers, and, in some presenting a bill, or the bartender can draft a cases, a cashier can overcharge a customer to handwritten or other unofficial bill. When that prevent the register from appearing to be happens, the business liquor stock remains the unbalanced. Warehouse workers may work with same, but the transaction is never officially little supervision around large quantities of tallied, allowing the bartender to keep the merchandise. proceeds. PAGE 78