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Employee Theft in Florida Employee Theft as the name states it is the stealing or misuse of employer’s office assets without informing or permission. To know more about this check out our Home Security Systems guide. Retail Employee Theft Generally Retail Theft is considered when an employee steals the items like, food items, cash etc from his job place. Generally theft is considered in cases of stealing cash or allowing others to eat food or steal merchandise. Stats on Employee Theft According to the report released by University of Florida’s National Retail Security survey, employee theft was responsible for about 47% of retail shrinkage. It represented about 17.6 billion dollars per year which states the employee dishonesty rate which is really pathetic. Considering Loss Prevention It is truly a continuous and constant challenge for retailers to prevent the loss occurring. In recent days, adopting security systems in retail shops have increased in order to prosecute theft and robbery. For an effective loss prevention system, it is essential to create awareness on ethics and motivation for employees. While choosing the candidate as employee to your company check with his background. Doing reference check in the prior company is also a better to verify as it can provide and trace if any criminal record is present. Creating deep commitment in employees is also essential in order to reduce employee theft motivation. Supervise employees on a regular basis. Improve the business accounting system; prevent the employees from having access to accounting functionality. To know more about security in Florida check out our Florida Home Security Systems guide. Following such simple loss preventive measures, you can reduce the risk of employee theft, because it will limit theft opportunity.

Employee Theft in Florida  

Generally Retail Theft is considered when an employee steals the items like, food items, cash etc from his job place. Generally theft is con...

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