First Business

January 25, 2012

HR: How to guard against employee theft

Each and every day, theft occurs.

Ironically, it may be more is happening in the workplace rather than on the streets. Studies by the Department of Commerce, American Management Association and other organizations estimate that employees steal about $400 million per week from their unknowing employers.

Since the era of fraud erupted with Enron, WorldCom and HealthSouth corruption, the issue of corruption has been front and center.

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