|About the Book|
The average loss to business due to employee fraud and theft is $9 per employee per day. That works out to $2,000 per employee per annum.This book is specifically designed to help you reduce this figure. It identifies problems point-by-point andMoreThe average loss to business due to employee fraud and theft is $9 per employee per day. That works out to $2,000 per employee per annum.This book is specifically designed to help you reduce this figure. It identifies problems point-by-point and then makes clear and practical recommendations to address them.How would you like YOUR employees telling you exactly how they are able to steal from you? We tell you what they told US!The information in this book comes from over 15 years of practical experience in the implementation of Retail Business systems. We have seen both employers being defrauded and have seen first hand the tricks staff use to defraud and subsequently cover over the evidence. Now YOU can benefit from that experience!What You Can Expect To Find In This Book:1. Introduction2. Why Do Employees Steal?3. Five red flags that indicate the possibility that an employee may commit fraud4. Thirteen Signs that there may be fraud or stealing in your business5. Exactly how employees go about ‘skimming the till’ and what you can do to prevent it. (42 methods used by staff)6. Further steps to prevent stealing at the point of sale7. Seven Common schemes used by administration staff to defraud employers8. Nineteen key ways to avoid employee theft (Office and Administration Staff)9. Why is my till over or under sometimes? Yes, how does this happen even when no funny business is suspected?10. Preventing employee theft through recruiting practices11. What to do if someone is caught stealing12. Industry Suggestions And Legal References To Consider when Terminating Employment13. Case Studies14. Employee Refund Fraud15. “The Wall Street Journal” Article16. Useful LinksDespite specifically mentioning the methods employed by staff to defraud clients, we continue to encounter instances where clients do not implement protective measures. This inevitably leads to losses followed by investigations and dismissal of staff. We believe much of this can be avoided by reading and applying the suggestions in this book. This book serves as a continuous reference and reminder to employers to review their preventative measures and to be vigilant in the prevention of dishonesty in the workplace.This book will help to restore perspective and stir business owners to action to protect their most valuable asset – CASH.