Employee Theft Destroys Profits

Many retailers can’t understand the true costs of employee theft. It goes much deeper than the simple act of theft itself. Employee theft destroys profits, hurts employee relations and can change the entire atmosphere in the store.

Employee theft investigation is an important part of the retail environment. Even if the managers don’t believe their employees are stealing or causing loss, the chances are much greater they are. In my time as a loss prevention professional, I have seen stores closed, positions eliminated and many other restrictions or reductions due to internal theft. It is serious stuff.

It’s not just a plaque at the store level, internal theft or employee theft is also seen at the corporate level. From simple office equipment theft to more intelligent crimes (or white collar crime) are unfortunate and regular occurrences. White collar crime is sometimes difficult to investigate by persons not experienced in these types of issues, or is maybe a little shy at poking around higher level corporate employees. It’s always recommended when conducting corporate fraud investigation to bring in a corporate fraud investigator. Typically, a corporate fraud investigator is very skilled in this level of employee theft and will work hard to ensure every confidential employee theft investigation is given the highest level of attention and closure.

In stores, internal theft (like corporate fraud investigation) should be investigated as quickly and thoroughly as possible. Gathering information both verbally and visually is a good start. As a manager or business owner, these steps are crucial at maintaining an enjoyable and attractive atmosphere for both employees and customers alike.  No one wants to believe they have bad employees, but the cold hard truth is, you do. Help your business, protect your assets and keep your employees satisfied.

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For more information on corporate fraud investigation, corporate fraud investigator, employee theft investigation, internal theft or white collar crime contact us at employee theft or call 1.770.426.0547