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Legal consequences of employee theft
Legal consequences of employee theft
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Prevention of Employee Theft
Why do employees feel free to steal? Most employee theft occurs because it is too easy. What can a company do to prevent employee theft? What should a company do to employee thieves? The following paragraphs summarize a few ideas.
Employee theft is a crime that is costing U.S. companies a great deal of money. Employee thefts are growing in number, partially because the perpetrators really do not see themselves as criminals and rationalize what they are doing in much the same way as taxpayers rationalize income tax fraud. Employee theft is one of many personnel problems that is easier to prevent than to solve. Prevention should begin before an applicant becomes an employee. Some theft prevention might include recruiting trustworthy employees which includes performing background checks to help screen applicants. However, a background check or criminal records check does have its limitations. For example, most people who steal from their employees are never caught.
When Acme Company was having a problem with employee theft, the firm found that the prevailing attitude was that corporate losses were normal and even acceptable. Management took a variety of steps to remedy the situation. First, a clearly stated policy was communicated that theft would be prosecuted. A more humanistic approach was developed for employee supervision, and supervisors were trained to be more sensitive to the needs of subordinates. In addition, an anonymous theft reporting hot line was set up outside the company, and rewards were provided when an investigation resulted in a conviction. The program was successful, illustrating that both traditional and innovative steps must be taken to reduce the i...
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...f escape with dismissal rather than criminal proceedings. Failure to prosecute employee theft only leads to its increase. Many companies probably think that prosecution will let other current and future employees think that stealing is easy in the company. Depending on the nature of the crime, I think companies need to prosecute employee thieves and/or dismiss the employee and make arrangements with the employee to pay back what was stolen.
Works Cited
Bassett, James W. "Nursing Homes: Taking A Hard Line Against Crime. " UMI (1996): 13-18
Janssen, Marvin J. "Security Management: The Case of the Missing Money." UMI 11161.00 (1995): 77-79
Price, William. "Security Management: Reeling In Dishonest Employees." UMI 11161.00 (1995): 48-52.
Sipes, Leonard Adam, Jr. "Security Management: Tradition Takes A Twist. " UMI 1116 1. 00 (1987): 41-44.
Every enterprise could be a victim no matter how big or small they are. Every little insignificant penny that a company loses because of their employees usually comes from the owner’s pocket. Having a guard up for the potential crimes and those employees who are most likely to commit an offense is the main step to fulfill the prevention technique. Careful hiring of employees and internal business rules help raising workplace
I believe corporate liability would allow a case to be filed to require the money stolen to be repaid in a judgment against the corporation. A corporation has no actual body making jail time impossible, but makes it possible for The Sommet Group to be held accountable and pay a select dollar amount that satisfies the fraud committed by the employee and by association the corporation.
Whitman, M., & Mattord, H. (2010). Management of information security. (3rd ed., p. 6). Boston, MA: Cengage Learning.
Glaser , C. L. (1997). The Security Dilemma Revisited. Cambridge University press, 50(1), 171-201. Retrieved from http://www.gwu.edu/~iscs/assets/docs/cg-docs/SecurityDilemma-WP-1997.pdf
· The Retail Industry in the U.S. loses $53.6 Billion a year due to internal loss (employee theft)
Gibson, Darril. Understanding The Security Triad (Confidentiality, Integrity, and Availability). Pearson IT Certification. 2011. http://www.pearsonitcertification.com/articles/article.aspx?p=1708668
Some people are not lazy or a theft. Some people follow mangers’ rules honestly and they show that would not steal from the company. Some people can be lazy or bitter by having a manager they dislike. Sometimes they cause problems with other employee because they tell them what to do rather than helping them. Having a theft in a workplace might not come from having temptations to sin.
Last year we had a member of our executive management team terminated. He was found to have been stealing money from the company for several years to the tune of around $80,000. He was the leader of our business development team, and would purchase personal items and write them off as business expenses. Essentially what he did was hide the personal expenses in his large business expense reports. Groups provide a shield of anonymity so that someone who ordinarily might be afraid of getting caught for stealing can rely on the fact that other group members had the same opportunity or reason to steal (Robbins & Judge, 2009). This particular employee was able to hide most of his transactions as other members of the group also had large business expenses. How could this have been prevented? It is important to establish a "zero-tolerance" program regarding employee theft. Make sure that it is understood, during orientation that the company will take legal action against employees caught stealing (Walsh, 2000). In addition a team built on a covenant requires more than just a loose and vague commitment to the relationship; on the contrary, entering into a covenantal relationship requires steadfast and active commitment (Fischer, 2012) thus providing the group with a mutual
Have a Standard Criminal Background Screening Policy A standard and properly defined criminal background screening policy offers clear guidelines for HR and security professionals and eliminates inconsistencies in the type of checks that are conducted for different positions. The policy should define the type of criminal checks to be performed for each employment position, the number of years to be covered, the legal procedures that must be adhered to and how to determine whether the criminal history records and results meet your organization’s hiring standards. 2. Verify Credentials,
employee theft and fraud. Fraud and theft have a lot in common. Both are criminal acts, and both
Study results support the research by Kennedy (2016) on the effectiveness of training programs designed to educate employees assist in the prevention of security breaches. All participants underlined that the sustainment or implementation of a training program could lead to the reduction of unauthorized disclosure of information. Findings that supported taking security seriously and effective training were similar to Bulgurcu et al. (2010), Chen et al. (2015), Eminağaoğlu et al. (2009), and Meso et al. (2013). Eight participants (Laura, Susan, Angela, Erin, William, Carol, Scott, and Shawn) expressed employee training could reduce the unauthorized disclosure of
Summary of Major Points Point 1: The authors discuss the tendency of employees remaining silent in order to keep from damaging their value as opposed to speaking up to increase their value. The article uses the example of
Fraud and white-collar crime are common forms of crimes that people commit in various aspects and positions in the corporate world. Fraud and white-collar crimes have similar meaning as they refer to the non-violent crimes that people commit with the basic objective of gaining money using illegal means. The cases of white-collar crimes have been increasing exponentially in the 21st century due to the advent of technology because fraudsters apply technological tools in cheating, swindling, embezzling, and defrauding people or organizations. White-collar crime is a complex issue in society because its occurrence is dependent on many factors such as organizational structure, organization culture, and personality traits. Thus, the literature review examines how organizational structure, organizational culture, and personality traits contribute to the occurrence of white-collar crimes.
Steeling even the word sounds hideous, you think even feel hard, and cold sharp when the word crosses your lips. This is exactly how I felt that afternoon while doing payroll one of my duties as office manager for a plumbing company. We were a small company so when realizing another employee was stealing from the business it was more like realizing a friend was the thief. After going over each employee's time cards I realized that one employee had several more hours than any of the other employees. Which through up a red flag considering every employee road and worked with another employee. As soon as I realized this discrepancy I went to the log book to double check and yes, I was right this employee had road and worked the last two weeks. I pulled the other employees time card for comparison and to my disappointment, there was a substantial discrepancy in their hours. So now what to do about the theft.
This essay will explore and discuss the changes and progressions within the industry in the public and private sectors; although primary focus will be drawn to the private security industry, problems faced by the industry and its members as well as the