Suggest You
#1 in Business Subscribe Email Print

You are here: Home > Business > Business > Safeguards Agaist Employee Dishonesty

Tags

  • being
  • dollar
  • occupational fraud
  • manager should
  • right controlsthe

  • Links

  • RFID Uses For Aircraft Carriers
  • Why Have A Corgi In The Family?
  • Fun Loving Shih-Tzu's
  • Suggest You - Safeguards Agaist Employee Dishonesty

    Business and Relationships - I Never Noticed
    I Never NoticedMy father was the glue that held my connection to a hundred or more relatives together and since he passed away, my family has become smaller and smaller for me. Pictures have disappeared, replaced occasionally by emails and
    ove average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the con
    Create Deliberate Relationships
    "Bodacious" means to be bold, outstanding, and remarkable. Take those attributes to work and you're on your way to building a fulfilling, bodacious career. Does having a bodacious career sound exciting to you? It is! After starting as an $8 an
    Losses through theft and fraud vary considerably by the type of operation and the efficiency of their management. To fully understand the cost lets look at the following example:

    Losses range, for example, from 1.5 percent of sales for a well-managed department store to about 13 percent for a loosely controlled operation. According to one estimate, dishonest employees account for over two-thirds of retail theft and shoplifting for the remainder. Even though you cannot eliminate stealing entirely, you can take steps to minimize it. The key lies in the proper mix of the right controls.

    The best safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average company loses 6% of its revenues to occupational fraud, by being above average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the cons

    The Law of Attraction In Business
    Entrepreneurs work harder than most Americans. They spend countless hours and enormous amounts of energy trying to reach business and financial goals that are often elusive. They seem to be doing all the right things: attending seminars, scouring t
    y controlled operation. According to one estimate, dishonest employees account for over two-thirds of retail theft and shoplifting for the remainder. Even though you cannot eliminate stealing entirely, you can take steps to minimize it. The key lies in the proper mix of the right controls.

    The best safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average company loses 6% of its revenues to occupational fraud, by being above average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the con

    Preparing Your Company for Audits
    It is inevitable. It happens every year. Hiding from it or ignoring it won’t make it go away. The dreaded company audit; there is no way around it, so companies must do their best to comply with the current standards. And to be able to prove th
    safeguard against employee theft is the worker whose integrity is beyond question. Too many retailers take integrity for granted. A storeowner or manager should take every precaution to ensure that the people hired are honest, and then, establish and maintain a corporate culture that encourages its employees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average company loses 6% of its revenues to occupational fraud, by being above average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the con

    Internet Marketing and E-Commerce - The Advanced Management World
    On this digital Century the business and Data Technology administrations is radically moving to the Next-Generation of Business Administration. For that reason, this series of articles will exhibit essential tips from us and also we included very
    ees to stay honest.

    Any theft or frauds that takes place within your company affects your wallet., but there are other ways that fraud affects you too. Honest companies do not pay the undisclosed “Hidden Fraud Tax”. If the average company loses 6% of its revenues to occupational fraud, by being above average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the con

    Splitting a Brand Design Project Between Two Design Firms
    I'm often asked if I could just do either the print side or the website side of a brand design project. And while that's certainly possible, I don't recommend it.Splitting a branding project typically results in a lack of consistency between
    ove average a company can be more competitive. For example; if the losses to occupational fraud in company “A” are limited to six cents on the dollar, but in company “B” the losses are only two cents, it means that company B can offer the same goods or services at a lower price. That is good for the consumer, the company and the people who work there.

    The first step in securing an organization from an employee who would perpetrate this kind of activity is to screen prospective employees prior to hiring them;

    The farther back you can look, the farther forward you are likely to see. -Sir Winston Churchill -

    Taken from the book; Protecting Your Corporate Assets by Martin Maylor. For more information on this book email info@insurium.com

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.suggestyou.com/article/1276/suggestyou-Safeguards-Agaist-Employee-Dishonesty.html">Safeguards Agaist Employee Dishonesty</a>

    BB link (for phorums):
    [url=http://www.suggestyou.com/article/1276/suggestyou-Safeguards-Agaist-Employee-Dishonesty.html]Safeguards Agaist Employee Dishonesty[/url]

    Related Articles:

    Business Mail Forwarding - Is It Worth The Cost

    Electronic Weighing Scales Appliances

    Networking is Like Black Jack

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com