EMPLOYEE
THEFT DETECTIONEmployee pilferage has caused more
businesses to go into bankruptcy than any other crime.
Employee pilferage accounts for 60-75 percent of all
business losses according to the United States
Government. Most business owners will tell you that
their employees would never steal from them. Most
employees will tell you they know someone is stealing, but
they would never tell the boss. Almost all employees
will justify their theft and most believe that they are
not committing a crime.
Landmark will audit your business
for signs of:
Retail pilferage, Indirect theft,
Methods of theft, Warehouse theft, Office theft,
Vulnerability to pilferage, Inventory accountability,
Pilferage against business customers, Check and credit
card fraud, Collusion with vendors.
Any pilferage here would be minimal.
A study by the U.S. Department of Commerce shows
that employee theft in manufacturing plants alone
amounts to $8 million a day nationwide. The amount of
theft on a daily basis at any company may appear
minimal, but when the total comes in at the end of the
year the figures can be staggering.
My employees will think I don't
trust them. Studies have shown that the average
employee welcomes controls associated with loss
prevention. Sometimes the stress of working with an
employee who is stealing can actually reduce performance
in an otherwise productive employee. Many large and
small companies have loss prevention controls out in the
open for all employees to see, such as closed circuit
TV monitors in plain view in the warehouse. Making the
employees aware of the controls eliminates suspicion on
both sides.
It sounds too expensive. Landmark will first audit your losses. The estimated figures will be used to decide how much protection your business needs. Obviously a large loss problem would require more controls than a small or nonexistent problem. Some degree of loss prevention control is necessary in every business. Landmark can determine your vulnerability before any action is taken.
