Sentences with phrase «employee theft»

Experts estimate that 96 % of all companies will experience some type of employee theft without recognizing how much of their organization's potential is being reduced as a result of these activities.

A type of business insurance coverage that helps protect against employee theft of money, securities or property.

Get coverage to help recover losses from employee theft.

So, how do you handle employee theft if that's what you believe is occurring?

Coordinated and conducted internal investigations of concerns such as employee theft and violations of corporate loss prevention policies.

Hopefully, not many who run companies have to deal with that thought on a regular basis, yet it is a common - known fact that employee theft in the workplace does occur.

Established new discipline policies for sales associates that significantly reduced employee theft.

Here's a step - by - step guide on how to deal with employee theft before, during and after.

Businesses with fewer than 100 employees suffer nearly a third of the reported employee theft, with the fraud schemes typically lasting several years before detection.

Some examples of gross misconduct include employee theft or violence.

That's even though 64 percent of the small businesses surveyed reported experiencing employee theft.

It may be too late to prove employee theft that has already taken place, but it acts as a great deterrent for any future employees who may have sticky hands.

Employee fraud is a fact of business life even in the best managed organizations, and it can be costly; employee theft causes businesses to lose billions of dollars annually.

Check out our step - by - step employee theft guide for small business owners.

In these cases, you may need to show employee theft to keep from paying the claim.

These automation solutions include business alarm monitoring as part of outside theft prevention and employee theft prevention.

There are plenty of steps you can take to stop employee theft.

It will help cash flow, keep costs down and minimize potential employee theft.

Property managers collect a lot of personal data, and are responsible for keeping it secure from hackers and even employee theft.

One of the best techniques for preventing and combating employee theft or fraud is to create and communicate a business climate that shows that you take it seriously and trust your instincts.

The scope of the policy should be broader than simple employee theft, covering misuse of company resources, gifts from vendors, and providing confidential information to third parties.

The first step to effectively knowing how to handle employee theft is realizing that it's occurring.

At a minimum, call your local police agency and ask them how to deal with employee theft.

But what may be even more disturbing is that employee theft accounts for approximately 44 percent ($ 15 billion) of those losses, according to a 2012 National Retail Federation report.

Don't dock their final check — Most states have laws about how much money you can withhold for employee theft from a final check.

According to the U.S. Chamber of Commerce, 30 % of small business failure is caused by employee theft.

She also draws on her background in commercial litigation to represent employers in cases that involve employee theft of trade secrets, non-compete agreements, defamation, fraud, business interference and violations of the fiduciary duties owed by an employee to his / her employer.

It really does help reduce employee theft when your staff feels that you care.»

Employee theft costs U.S. businesses up to $ 200 billion in annual losses, according to one estimate by Tatiana Sandino, an associate professor in accounting and management at Harvard Business School.

Business Service Bond to help protect against loss from employee theft while performing services for others

Another step that retailers can take to discourage internal pilferage is to make sure that the company's policy on employee theft is made clear to the staff.

Catching employee theft can be tricky, so it's important to have checks in place to catch it as quickly as possible, including regular audits, reconciling statements, or assigning multiple employees to tasks.

Additionally, different personnel may need to be on a team depending on the significance of the breach (whether it is at a mid-size or company - threatening level), type of breach (whether computer incursion or insider employee theft) or type of the information at issue in the breach (whether the breach involves social security numbers, credit or debit card numbers, personal health information or trade secrets).

And sometimes that oversight leads to them taking things that don't belong to them — AKA employee theft.

Employee theft actually accounts for eight times more losses to companies than shoplifting.

Kennedy's presentation is titled «From Apathy to Disdain: Why Small Businesses Refuse to Call the Police When Employee Theft Occurs.»

According to survey done by the National Retail Federation, there is an increase of 79 % of employee theft compared to 2008.

Employee theft made up 43.9 percent of those losses, more than the 35.7 percent caused by shoplifting.

However, a proactive approach to preventing employee theft, as opposed to dealing with the problem when it rears its ugly head, can give retailers confidence that they really know what those friendly faces on their staff are costing them.

Steve has authored four books: Fraud 101 (Wiley) released September 2009; Anatomy of a Fraud Investigation (Wiley) released January 2010; Preventing and Detecting Employee Theft and Embezzlement, A Practical Guide (Wiley) released June 2010; and Forensic Accounting and Fraud Investigation for Non-Experts (Wiley) released March 2012.

For our corporate clients, our Civil Fraud Recovery Group also provides comprehensive risk management analysis including the implementation of «whistle blower» programs in addition to unraveling employee theft and procurement frauds.

The U.S. Department of Justice reports that 18 % of all violent crimes happen in the workplace, and the Department of Commerce identifies employee theft as a cause in 33 % of all business failures.

Reviewed retail exception reports for any possible employee theft concerns and reported any concerns to District Manager for further review.

The story serves as a reminder of why the Personally Identifiable Information (PII) of consumers used in background checks must be protected from not only outside intrusions such as hackers and «phishers» but also from potential internal threats like employee theft.

Corporate liability protection against employee theft, forgery, or robbery of corporate assets.

«Unfortunately, 2011 was another banner year for employee theft in the United States, experiencing only a slight drop in frequency from the frenetic pace set in 2010,» Marquet said.