DOs and DON'Ts of Employee Theft Prevention

DOs

DON'Ts

Be completely honest with your employees and customers. Management must set a good example. Make sure that all employees are aware of the rules of the business Always check employees' reported hours before you sign their timesheet. Make sure that the employees have worked the hours they are reporting Act on any suspicious feeling that you have toward an employee. Make sure that your suspicion is reasonable Make sure that the employee parking lot is not close to the building. You don't want it to be convenient for them to move things out of the business Monitor cash transactions as often as possible

Act off another employee's hunch or gossip Be too busy to monitor employees regularly Allow employees to handle their own transactions (when they purchase things for themselves) Wrongly accuse an employee of theft. Make sure that accusations are investigated before you have a serious meeting with the employee Allow a lot of time to pass before you look into suspicious activity. The longer you wait, the more money you will probably lose