SMB Now - Small & Medium Business Magazine
Tech Travel Agent, your one point of contact. Follow SMBNow on
These Social Networks
Follow SMBNow on LinkedInFollow us on Google+Follow us on Twitter
      Saturday, December 16, 2017

 Subscribe in a reader
 



Editor Login

SMBnow.com / SMB News / SMB Profit Watch: Why do Employees Steal?
Tuesday, October 09, 2007
51 Update by Brawlin Melgar, Lead Publisher
Leave a Comment

SMB Profit Watch: Why do Employees Steal?


Employees steal because the opportunity to steal presented itself through poor communication with employees, lacking policies, little or no inventory controls and poor employee supervision.

Employees see opportunities to steal from employers because it's easy to steal. If you leave inventory by the back door, and have little or no video security, then you are tempting the employees to steal. In effect, you may be responsible by providing temptation for theft. 

Here are the top reasons for stealing given by employees:

1. I am way underpaid.  I'm taking what I deserve.
2. Everybody does it, even my supervisor.
3. The company makes a large profit and I deserve more of it.
4. My boss made me angry and I this is how I get revenge.

Protect you Company after a Theft too
There are serious legal and employee relation problems that can arise from not handling a theft in an appropriate manner. Here are some tips to evaluate employee theft, after the fact.

1. Evaluate the source and validity of any information that alerts management to a potential theft problem.
2. Collect information or evidence regarding the alleged theft as possible prior to taking any action.
3. Review the facts and findings with an management team, attorney, and or auditor in areas of legal and accounting concerns.
4. Deal with employees suspected of theft carefully. Employee interviews about a theft tests the emotions, restraint, legal knowledge and objectivity of every manger and supervisor.

Since the consequences of mishandling the investigation of employee theft is so great, top management should be involved with every 'inside job' theft issue.


SMB News Archive
   
  FREE SMB News Release
  Apply for the Rentacomputer CARES Scholarship
 

Computer and AV Rentals Nationwide

 

Security Cameras
Camera Security and Surveillance

   
 

Computer Service and Networking Nationwide
Computer Service Now

   
 

Laptop Rentals
Laptop/Notebook Rentals

   
 

Projector Rentals Nationwide
LCD Projector Rentals

 
 

 


 
If you have an SMB targeted company, please send SMB news story ideas to:
 
 
Visit other Xponex Web and Media News Publications
Main Street Monroe    Middletown USA


Copyright ©2017 SMBNow.com    Privacy Statement