Pilferage And Theft

Employees with intention to steal, makes financial loss to corporate from unknowing employers. Its often seen that honest employees often know theft is occurring but hesitate to inform management of the problem. Most of the time, there are warning signs that theft is occurring through declining profits, unexplained inventory losses, rumors and other discrepancies. Management usually doesn’t know how to deal with the problem until they face a crippling loss.

Hiring a private detective will give the company solid proof of theft. Criminal prosecution will send a message to other employees that the culprit will be prosecuted. This policy will have a definite influence on the employee who is actively stealing or contemplating theft from your company. Until management gains an accurate understanding regarding employee theft and initiates sound loss prevention measures, it will remain a major drain of profits productivity and employee morale.