• Latest
  • Trending
  • All
edit post
Prevent Potential Employee Theft

Effective Ways to Prevent Potential Employee Theft

25 November 2021
edit post
Seaweed Face Mask

4 Reasons You Should Add a Seaweed Moisturizing Face Mask to Your Daily Routine

12 August 2022
edit post
Upper Circuit

What Is Upper Circuit In The Stock Market?

11 August 2022
edit post
Smart Contract Development

6 Challenges of Smart Contract Development and Its History

11 August 2022
edit post
Unexpected Gifts

Unexpected Gifts: How to Impress Anyone

10 August 2022
edit post
Wedding Flowers

Top 5 Wedding Flowers Hacks That Will Help You Save Lots of Money

8 August 2022
edit post
Fake ID

Bogus Braxtor, the Best Fake ID maker: They Make the Fake Look so Real

8 August 2022
edit post
Coal India

What should investors do with Coal India after Q4 earnings?

5 August 2022
edit post
wholesale candles

Wholesale candles are exactly what you want

5 August 2022
edit post
Black kn95 bulk

Black kn95 bulk is best for everyone

5 August 2022
edit post
jet bath spa

Jet bath spa sizes matter for a truly invigorating experience

5 August 2022
edit post
salesforce automation testing

The Power of Salesforce Automation Testing

5 August 2022
edit post
Summer trip plan

How To Plan A Great Trip This Summer

3 August 2022
  • Home
  • Disclaimer
  • Privacy & Policy
  • Contact Us
Write For Us
No Result
View All Result
  • Home
  • Business
  • Fashion
  • Health
  • Travel
  • Tech
  • Home Decor
  • Jewelry
  • Categories
    • Lifestyle
    • Social
    • Beauty
    • Culture
    • Gadgets
    • Sports
No Result
View All Result

Effective Ways to Prevent Potential Employee Theft

by Gomlab
25 November 2021
in Business
0
Prevent Potential Employee Theft

Did you know that 75% of employees at least once stole from their employers? Theft can be especially harmful to small businesses because they are theft victims in 64% of cases. But what is contributing to that enormous percentage is the fact that small companies rarely report the theft; they only register it in 16% of cases. And, also because of that, employee theft is the fastest growing crime in the USA. When you own a small business, it’s entirely up to you what you are going to do if you find out somebody stole from you. But we are here to help you not to get into that situation.

Here are some tips to prevent potential employee theft. 

1. Make employees feel valued

Initially, you need to know why employees steal? Research showed that there are many reasons, but the most frequent ones are: greed, weak financial controls, employees think they deserve the raise because they are not paid enough. Think about these reasons, try figuring out are their salaries adequate. But giving them fair pay isn’t the only way of making employees feel valued. You can improve your work relationship with them by giving them feedback about their work. So, it would help if you showed them that you recognize their effort. Also, it would be nice if you included some kind of reward for hard-working employees. Providing a positive work environment is also very important for them. 

2. Meet your employees before you hire them

It’s better to prevent something than to cure it, right? So, next time somebody comes to you looking for a job, check their background. Ask why they leave their previous position, contact their previous employers, check their criminal record. If they have a history of theft, they are more likely to do it again, so if you decide to employ that person, you must be careful. 

3. Put your workplace under surveillance

If you have cameras, it would be more difficult for employees to steal and not get caught. Also, some of them won’t even try it because they will have a fear of being seen. With cameras, you will be able to check the videos of specific dates, and you will be able to check videos if something is missing. 

4. Hire security help

It would be great if you had a security guard patrol at your workplace, because not only that security guards make sure your employees can’t steal, but also they will look after your customers. If you think that cameras aren’t enough, you can always hire people who will be able to act right away when they notice somebody trying to steal. 

5. Keep organized and neat records

Modern technology makes this so much easier, and strict record-keeping will help destroy thoughts of criminal activity. What do you need to do? First of all, make sure that cash draws are counted in and out at the end of the shift so you can find shortages, and inventory should be carefully calculated and checked at each quarter for missing items and inflated numbers. Security guards and managers should also check timesheets with actual work shifts when there is some incident, so they could more easily determine who is responsible.      

6. Limit access

When your employees have complete access to your workplace and its assets, you will never be able to know who will want to get creative with their paycheck. Sometimes employees who have access to things like petty cash drawers or company credit cards decide to treat themselves well. To avoid this, always limit access to certain parts of your workplace, credit cards, online accounts, or cash. Here too, security guards can be really helpful.

Tags: Prevent Potential Employee TheftWays to Prevent Potential Employee Theft
Gomlab

Gomlab

Recent Posts

  • 4 Reasons You Should Add a Seaweed Moisturizing Face Mask to Your Daily Routine
  • What Is Upper Circuit In The Stock Market?
  • 6 Challenges of Smart Contract Development and Its History
  • Unexpected Gifts: How to Impress Anyone
  • Top 5 Wedding Flowers Hacks That Will Help You Save Lots of Money

RareCustom – Design Your Own T-Shirts

custom t-shirts
Click Here to get your: Custom T-Shirt Design
edit post
Seaweed Face Mask
Beauty

4 Reasons You Should Add a Seaweed Moisturizing Face Mask to Your Daily Routine

Facial beauty products come in different versions and are essential in the daily skincare routine. A seaweed moisturizing face mask ...

12 August 2022
edit post
Upper Circuit
Investment

What Is Upper Circuit In The Stock Market?

Everyone has dreamed of selecting a stock and earning returns of 50%, 100%, or even 1,000% within a short span ...

11 August 2022
edit post
Smart Contract Development
Tech

6 Challenges of Smart Contract Development and Its History

In the early days of blockchain development, smart contracts were seen as a way to automate transactions and reduce the ...

11 August 2022
edit post
Unexpected Gifts
Gift

Unexpected Gifts: How to Impress Anyone

Do you know how people like to give gifts to their friends or family members? It's a nice gesture, but ...

10 August 2022
edit post
Wedding Flowers
Wedding

Top 5 Wedding Flowers Hacks That Will Help You Save Lots of Money

Weddings aren't only about "two souls becoming one." A lot of work goes in the background to craft a perfect ...

8 August 2022

All Catagory

About Company

Contact Us
About Us
Write For Us
Privacy Policy
Disclaimer

© Copyright 2021 - All Rights Are Reserved | Gomlab

Navigate Site

  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Write For Us

Follow Us/ Inquiry

No Result
View All Result
  • About Us
  • Business Write For Us
  • Contact Us
  • Disclaimer
  • Education Write For Us
  • Fashion Write For Us
  • Health Write For US
  • Home
  • Jewelry Write For Us
  • Lifestyle Write For Us
  • Privacy & Policy
  • Sex Life Guest Post Write For Us
  • Sports Write For Us
  • Thank You
  • Travel Write For Us
  • Write For Us

© Copyright 2021 - All Rights Are Reserved | Gomlab