| Thieves Don't Have to Look Like Thieves! | | | | else deserves payment |
| According to Government Figures, employee | | | | 7) Old Fashioned Theft - Employee picks up an |
| theft costs companies billions of dollars a year in | | | | item on their way to lunch and just walks out the |
| lost profits. In the retail industry, where many of | | | | door! |
| the small business owners in America do business, | | | | If You Don't Trust Him, Why Did You Hire him! |
| the average employee thief steals an average of | | | | Lastly, hire the right people! Billions of dollars are |
| six (6) times more dollars of goods than an off | | | | wasted each year on hiring, training and |
| the street shoplifter! The direct loss of profit to | | | | advertising for employees that ultimately are |
| small business owners can be staggering, | | | | there for only one reason - to steal your profits! |
| especially in today's difficult economic climate. A | | | | You need to Find Employees You Can Trust! |
| little common sense and a minimal investment in | | | | When you factor in how employee theft steals |
| pre-employment screening can make the | | | | your profits, affects customer service and |
| difference in the ultimate success or failure of | | | | employee morale, the saying "One bad apple spoils |
| many small business. | | | | the whole bunch" rings true. The sobering facts |
| Can You Trust The Employees That Keep Your | | | | are that you already have more than one bad |
| Books? | | | | apple. Put systems in place to reduce your risk |
| It is important to be aware of some common | | | | and catch employee theft. |
| theft schemes. Very often, it is sloppy or lax | | | | Technology is a Great Thing and Makes Bosses |
| book keeping as well as poor supervision and | | | | Happy! |
| follow up that sets the stage for employee theft. | | | | Perform a Pre-Employment Background Check |
| Good record keeping is not only important to | | | | Before Hiring Another Person! Do this before you |
| reduce theft, but will improve your business | | | | hire anyone else, too! You should call references |
| decisions as well. | | | | and past employers too, but keep the following in |
| What's In The Box Heading to the Trash? - The | | | | mind - the past employer might be afraid of the |
| Company's Profits! | | | | problem employee, afraid of liability arising from |
| Learn to spot the "Big 7" common employee | | | | speaking honestly about bad employee behavior, |
| scams | | | | or might not want to be involved as they stand |
| 1) Receipt Forging - employee rings customer and | | | | to gain nothing by being honest with you. The |
| collects money - then voids sale and re-rings it for | | | | person you speak to could even be a friend or |
| a lesser amount or cheaper product and pockets | | | | accomplice to the potential hire, and might very |
| difference | | | | well lie to help the applicant get hired! Don't trust |
| 2) Hiding Receipts - employees simply takes the | | | | those you don't know - too much is at stake! |
| receipt and keeps the money | | | | With today's technology, doing a background |
| 3) Pocketing Loose Change - employee pockets | | | | check every time before hiring, or even when |
| petty cash or other small amounts of cash - this | | | | you might be suspicious of a current employee, is |
| adds up when it's done regularly | | | | quick and inexpensive. |
| 4) Bogus Returns - After the sale is completed, | | | | One out of three employees will steal from you |
| employee completes a customer return and | | | | and 9 out of 10 would if the conditions are right - |
| refund, then pockets the purchase price and | | | | find out how easy, quick and incredibly important |
| SALES TAX, and the original product is still with | | | | it is to do background checks - just click below |
| the customer. This common ploy for retail sales is | | | | and begin keeping your profits! |
| a double loss, as the store owner no longer has | | | | Tips & Warnings |
| the product, the money the product costs, the | | | | Watch for unexplained increase in an employee's |
| revenue from the sale or the sales tax collected. | | | | lifestyle - could signal theft but don rush to |
| 5) Employee Partnering with Non Employee Friend | | | | conclusions! Investigate! |
| - This scheme can be used many ways, with the | | | | Divide tasks so no single employee has too much |
| employee allowing a bogus return, allowing shop | | | | authority without supervision |
| lifting, charging below cost prices to their friends, | | | | Shift monetary responsibilities so other employees |
| or could even be used to fake an injury and file a | | | | might see inconsistencies or missing or altered |
| claim! | | | | documentation |
| 6) Over billing Expenses - Employee submits | | | | Remember - never jump to conclusions, but if |
| double bills, fake bills or even changes bills so | | | | someone lies on an application, what damage |
| funds are re-directed to them when someone | | | | would they do as an employee? |