Essays on employee theft

The present research proposal under the title "Preventing Employee Theft In Retail" dwells on the prospect of Employee Theft which has revolved around public domains, with its impacts on business entities and economic advances being of great interest. ... By definition, Employee Theft involves an act of unauthorized stealing or improper usage of company assets or information. Thus far, the action occurs in a wide array of forms including, but not limited to, financial theft, time theft, and supplies...

The author of the paper "The Increasing Problem of Employee Theft" will begin with the statement that the UK economy relies a lot on the retail sector. This is the reason why there is an increasing need to help it grow as a way of boosting the economy (BRC Survey).... Employee Theft has been identified as a long-standing concern when it comes to the accountability of the employees and their roles in the business set up. Various factors have been identified as leading to increasing cases of employee...

The paper "Employee Theft as a Reaction to Underpayment Equity" describes that the general aim of the intervention was to find out whether the rate of theft among employees increased as a result of pay cuts, when compared with control groups, or pre or post-reduction pay periods.... The dependent variable changes as a result of the independent variable. This means that the dependent variables solely dependents on the independent variables. In an experiment, there may be more than one dependent variable....

It is growing at an average rate of 15% p.a. with statistics indicating that 75% of employees are stealing from their employers. Businesses are losing more than $50 billion annually, in the US... It will also discuss ways in which employers can utilize this information to protect their businesses against the threat. Employee Theft is one of the Theft of merchandize by employees accounts for approximately $50 billion losses on yearly basis, with small retail shops being the most affected (Hollinger,...

The paper "Employee Theft - Factors of the Internal Conflicts at Yahoo" is a perfect example of a case study on management. Yahoo Inc. is one of the big multinational technology companies that have been successful in developing amazing products and services to date. The company was established in 1994. Over the years, Yahoo has grown and expanded significantly.... The paper "Employee Theft - Factors of the Internal Conflicts at Yahoo" is a perfect example of a case study on management. Yahoo Inc....

This report investigates the motivations behind Employee Theft how Employee Theft can be prevented or reduced.... The report includes two examples of Employee Theft cases drawn from two.... Essentially, this report highlights the need to institute effective control measures to prevent Employee Theft, the need to compensate workers well, and the need for strong leadership. ... As the world continues to experience social changes, it is likely that companies will experience more Employee Theft incidences as jobs increasingly become temporary and employees continue to change jobs or maintain multiple careers....

This paper "Occupational Crime and Avocational Crime" shall seek to define articulate a strategy and provide a set of recommendations for the curtailment of Employee Theft.... Employee Theft constitutes a significant financial challenge to the economic survival and sustainability, let alone growth and development, of business entities.... Whether approached from the perspective of senior executive or junior Employee Theft, the cost to a company is enormous....

Name Institution Course Instructor Date Risk Management Preventing Employee Theft while operating with a cash drawer Frequently, employers complain about losses that come in various ways.... Research has shown that loss incurred in most businesses such as restaurants, supermarkets, and other large self-selection stores, and it results from Employee Theft.... The current data based on losses caused by Employee Theft amount to 75 percent of any of the above businesses in their annual earnings (Ramsey and Ramsey 44)....

A majority of Employee Theft goes undetected by supervisors and management.... Opportunity remains the leading cause of Employee Theft.... Employee Theft is responsible for 33% of all business bankruptcies.... Employers should not count on other employees to report Employee Theft, unless they can put a system in place that keeps the "reporter" anonymous and/or a reward program is set up.... Employee Theft is prevalent in every type of business....

According to the US Chamber of Commerce companies in the United States lose $50 billion annually due to Employee Theft (Quickbackgroundchecks, 2010).... Abstract In the business world companies must utilize accounting tools in order to implement mechanisms to prevent losses associated with theft and fraud.... Due to the liquidity of cash it is often targeted by unethical employees for theft....

One time, I saw a co-employee assigned in cooking took for personal consumption a portion of dish from the plate that was to be served for customer and when I expressed curiosity and asked, I was merely told that it was no big deal since leftovers are a very common outcome from majority of customers....

Theft may include both Employee Theft and non-Employee Theft.... All exiting employees will be checked to detect Employee Theft.... Securing includes ensuring theft of company property is eliminated.... The company will be able to prevent theft of company properties.... Lackluster security policies will increase theft of company property and endanger the employees' lives.... The theft or damage to food production equipments may lead to service quality reduction and revenue reduction....

Costco keeps its costs low by making savings on reduced Employee Theft, low cost of turnover (lost productivity, recruitment, training and induction of employees) and higher employee productivity.... In addition, Employee Theft at Costco is the lowest in the industry.... Savings for Costco are accrued from lower turnover costs, lower Employee Theft and higher employee productivity which more than offset's the higher cost of compensation at Costco. ...

any organizations and industries across the world are slowed down/ retarded by Employee Theft.... Employee Theft is considerably crippling organizations as employees steal significant and costly supplies and not cheap items such as paper clips and pens.... The paper "Scams, Stealing, theft" discusses that according to the Urban Dictionary, theft/ the act of stealing is simply defined as the act of taking or claiming ownership of that which is not yours minus the consent or knowledge of the actual owner....

The main contributors to the major losses experienced by retail organizations through shrinkage include shoplifting and Employee Theft, which is mostly rampant among the young workers (Avery, McKay & Hunter, 2012).... These changes in their personality and ethical development, older employees are therefore less prone to shrinkage related behaviors but tend to blow whistle whenever they sense fraud or theft cases (Avery, McKay & Hunter, 2012).... According to Guerin, businesses incur great losses annually due to shrinkage cases resulting from shoplifting and employees' theft....

First, the program will reduce the statistics of the American Institute of Criminology & Research indicating Employee Theft is responsible for more than $50 billion worth of losses in the United States (Tryon, 1997).... Security and Loss Prevention 24 May 2012 Security significantly affects the loss prevention program of any company....

The internal factors can be waste in the restaurant kitchen, Employee Theft, not using consistent portion control, buying food for home, poor staff education, poor book keeping and using only one food vendor.... Employee Theft- Theft practices by employees often causes increase in food cost....

In the paper "Human Resource Development: Today and Tomorrow" the topic, 'How can you reduce Employee Theft?... It enlightens organizations by providing information that theft in organizations has led to a great loss of organizations' resources to the tune of over $ 200 million each year.... The most recent form of theft identified is called 'sweethearting', and this is where employees give products to clients away for free to loyal and preferred customers....

The losses that can affect the hospitality operation of a hotel are the loss of costumers, value and quality environment How can hotels respond to Employee Theft?... Responses to the questions asked in exist interview can be helpful in knowing the reasons behind the separation of an employee and the organization. ... he human resources department can analyze the progress report of the employee by viewing its progress in last six monthsWhat is an exit interview?...

As a consequence, managing shoplifting and Employee Theft is a crucial area that requires close monitoring and careful managing in order to minimize losses and maximize profits.... This is important for understanding who to report to and when as well as knowing where employees should or should not be, which helps in the identification of Employee Theft.... Monitoring dishonesty in employees is difficult, as there are many different ways in which Employee Theft can occur....

Retailers are highly susceptible to customer and Employee Theft than in manufacturing companies.... The most commonly used customer and Employee Theft prevention in grocery and convenience stores is the closed-circuit television (CCTV).... The difference in the quantity can easily be converted into monetary value as part of the internal theft-related or employee negligence report.... theft in a Grocery/Convenience Store Setting ………....

n the other hand, Employee Theft is also on the top of the company's challenges list.... The Carter Cleaning Company has common employee problems; in fact, Employee Theft and turnover happens to multiple companies, even international corporations.... Jennifer and Jack Carter have implemented strategies to counter the theft cases such as putting notices that every customer should get a receipt but store managers and counter workers still manage to steal (Gary 207....

Their job is to reduce inventory losses that are not only caused by Employee Theft and shop lifting but due to fraud, vendor theft and accounting errors.... Although these measures are not foolproof they provide a means of reducing the cost of theft to companies and reduce the corresponding increase in selling price which arises from this type of shrinkage....

Employee Theft is the most common criminal incident in restaurants.... This system can deter Employee Theft in a restaurant as well as thieves could be recorded thus refrain one from trying to illegal actions.... It is essential to insure the restaurant as there may be risks involved in running the business such as theft, fire and accidents within the restaurant.... Take safety measures against internal theft by being present with your squad, monitoring member of staff behaviors and limiting access to cash or information when compulsory (Brown, pg....

The most valuable asset and the one that is targeted the most by internal and external thieves is the cash account of the company.... Cash is the most liquid asset a firm has.... It is needed to pay for the.... ... ... Most businesses operate on a cash basis.... Due to the importance of cash internal control mechanisms need to be in place....

One constituent of such crimes is what is usually termed as Employee Theft, internal theft or pilferage.... Police statistics have revealed that the average loss for each theft by a customer is much less than those from staff thefts and that the total known losses from Employee Theft has far outweighed those from customers.... he result of certain calculations made by Peter Berlin from the 1986 Price Waterhouse Shrinkage Survey of US retailers (Price Waterhouse, 1986b), has indicated very convincingly that for employee thefts to outweigh customer thefts, the dollar value of each Employee Theft would have to be 20 times greater than those per shoplifting incident....

The CCTV network is very useful for determining when and where shoplifting or acts of fraud occur, and as the system records the footage, it can then play a role in identifying thieves, in proving that an individual stole from the store, as well as providing a key role in internal investigations into Employee Theft and dishonesty.... Employee Theft raises prices, contributes to organized retail crime Retrieved November 5, 2011, from http://blog.... The most common example of this is theft....

Fraud takes a variety of forms, including check and credit card fraud as well as Employee Theft.... According to Association of Certified Fraud Examiners, Employee Theft accounts for 7% of typical businesses losses (Chorafas, 2001).... This relaxed approach to fixed asset management can lead to an opportunity for theft.... employee fraud may include stealing assets through check tampering or through fraudulent billing schemes....

It is imperative for companies to have accounting control mechanisms in place to prevent Employee Theft.... It is important for corporations to have security measures in place to protect themselves from theft and fraud.... It is important for corporations to have security measures in place to protect themselves from theft and fraud.... A good mechanism that can be used to prevent theft is the fraud tree.... In the article Enemies Within a fraud scheme example that was described was an account receivable employee that stole over $200,000 in cash from a company....

Explain the reasoning behind Employee Theft.... In frequent usage, theft is the unlawful taking of another person's personal belonging with no prior permission of that person or any kind of approval.... Some might be doing theft without any fear as most of them are from upper middle class and are not so worried about being getting fired.... It depends on a new employee on how he/she makes others think about him/her during the initial few days of the employment....

Management Planning and Control System Introduction The notable increase and complexity of modern business transactions has increased the chances of errors and fraud in modern business environment.... When a business firm engages in larger volumes of business transactions everyday, it may not adequately deal with the elements of errors and fraud....

Green committed hacking crimes, as well as a white-collar crime, is known as Employee Theft.... However, the company does not always have a claim to recoup some of the losses caused by the untimely departure of a key employee.... Because this key employee at CompTac was under a contract to complete a specified amount of time with the company and still made an untimely departure, CompTac is eligible to sue the key employee to recover some of the losses the company faced when the key employee left....

Employee Theft can be prevented by placing cameras in the warehouse where inventory is kept.... The five major components of an internal control system are control, risk assessment, information and communication, control activities, and monitoring.... All of the components are necessary for the effective functionality of a control system....

Personalized Medicine Name Institution 1.... Describe how typical the attitudes that Sheehy reports appear to be in work environments you have experienced.... The attitudes that Sheehy reports are so real in work place nowadays.... Many people have jobs which they do not like and so they do not take anything seriously when it comes to their work; the majority are there to make money....

Preventing Employee Theft and Fraud.... Security and Loss Prevention Affiliation with more information about affiliation, research grants, conflict of interest and how to contact Security and Loss Prevention: A Report on the Investigation on the Allegations against a Plant employee of an Acquired Corporation, Lakes Inc Introduction This report includes an investigation of an offence done by one of the plant employees of the company, Lakes Inc.... In the mean time, it was also found that the employee has submitted the invoice through the purchase department for a refund amount of $8,795....

This analysis gives brief introductions on the political and economic background to the UAE and then highlights some of the main HRM challenges which face the country including “Employee Theft, conflicts of interest, discrimination in hiring and promotion, quality control issues, and misuse of proprietary information” (p.... 357-374) entitled “Employment relations in oil-rich Gulf countries” by Kamel Mellahi and Ingo Forstenlechner which depicts the UAE as one of the slowest to reform in terms of employee rights, and lists the lack of success in shifting the balance between indigenous and foreign workers as one of the reasons why this is not likely to improve in the near future....

The law protects the employees and it is the duty of the company to have 100% assurance that this information is not leaked or fall into the wrong hands because the workers could become victims of identity theft.... One of the most valuable information assets that must be safeguarded is the employee personal files.... The first aspect is the manual paperwork that most companies keep with employee information.... erk with the level of clearance system would be a low level clearance employee which means his access within the accounting module of the information system would be limited to the payable work the person performs for the company....

In the past, it cost McDonald's a lot of money in terms of Employee Theft.... This includes surveillance cameras and the use of other devices to reduce employee and customer thefts.... The paper "McDonald's Cost Control" dwells upon the McDonald's Corporation as the largest fast-food chain in the world....

They are: reputation costs, legal costs, recruitment costs, turnover costs, costs associated with abusive treatments, monitoring costs and Employee Theft.... As compared to unethical companies, ethical organizations have the advantages of attracting employees who are of high quality in nature, employee satisfaction is more, and the employees are found to be more committed towards their work, thereby increasing their performance efficiencies....

liphant, B J & Oliphant, G C 2001, ‘Using a behavior-based method to identify and reduce Employee Theft,' International Journal of Retail & Distribution Management, Vol.... The system was also not applied consistently as it did not aim to evaluate the tasks performed by each employee.... In addition, the performance appraisal system used in the bank is generally not acceptable to other employees, as another employee of the bank, Ken Yeo, agreed with James, saying that no one has ever had an opportunity to discuss their objectives with the management and no one is informed about how their performance is measured....

Shortage in the merchandise caused by Employee Theft and shoplifting, accounts for 78% of the losses in the merchandising business, while errors make up the rest.... The important thing is not to let employees leave their company because when an employee leaves the company, he/she takes away the knowledge with him/her....

Figure 1: Employee Theft (mean percentage) relative to pay cuts (Source: Greenberg, 1990, p.... Employee Theft as a Reaction to Underpayment Inequity: The Hidden Cost of Pay Cuts.... The problem statement for this study as reveals from the case of American Airlines is immense employee resistance emerged out of the management's decisions to cut down wages and salaries in order to curtail costs.... Subsequently the emphasis has shifted towards the system of employee compensation with the view to manage human resources better (Gerhart, Minkoff & Olsen, 1994, p....

Some of the most commonly used are computed monitoring, which measures employee keystroke speed and accuracy; video surveillance, which detects Employee Theft, horseplay, and safety, spying, which uses detective techniques, when there is a suspicious activity within the workplace; eavesdropping and phone tapping, which track incoming, outgoing, and the frequency of employee phone calls; and the active badge system, which tracks an employee's location within the workplace. ... The current paper 'employee Privacy Rights in the Workplace' will discuss the advantages and disadvantages of having monitoring systems....

One example of the unethical decisions and behaviors explored by the article, which is evident from the US is that of Employee Theft, which has limited the success of many companies.... The Morality of Employee Theft: Teaching about Ethics and Deviant Behavior in the Workplace.... In general, ethical conduct at the workplace entails employee conduct that is in accordance with the established principles about right and wrong.... In general, ethical conduct at the workplace entails the employee conduct that is in accordance to the established principles about right and wrong....

All of these practices stem from a combination of modern employer concerns - Employee Theft, drug abuse, productivity, courtesy and the protection of trade secrets -- and technological advances that make it more economical to engage in monitoring and testing.... This essay "employee Privacy Rights in the Workplace Concerning Internet" will discuss the problem of the employees' privacy on the workplace, with a particular focus on the emails.... Running Head: employee Privacy Rights in the Workplace ...

onducting Internal Investigations of Employee Theft and other Misconduct.... If the misconduct reports involve theft, then the employer may need to investigate in order to analyze the theft in details, identifying the stolen items.... This paper will discuss all the critical steps followed by organizations in carrying out investigations of employee misconduct.... The conclusion from this study states that each organization must exhibit a level of patience, invest both money and time before it establishes the facts surrounding the accusations of misconduct facing the employee....

Shrinkage can occur through Employee Theft, shoplifting, and paperwork error.... his is a form of private investigation in to retail theft that focuses on the general inclusions like, shoplifting, pilferages, embezzlement and fraud check (Christman and Charles, 2008).... Most of the retails have established physical inventory methods that check on to loss methods like shrinkage and any internal theft.... The unskilled persons who work for minimum wages undertake internal theft and they done succumb to whatever motivation advanced by the business....

Again, the fire exits were not indicated clearly and most of them were locked to avert Employee Theft.... Triangle Fire––A Fire That Changed the History Introduction Industrial disasters are products of lack of safety measures, carelessness of uneducated and untrained workers, and cost-cutting tactics of organizations....

This was a good lesson in all the ways that Employee Theft cannot be tolerated. ... he toughest decision I ever had to make was to turn another employee for theft.... Under the circumstances, as I was sure that another was going to be blamed for the incidents of theft, I had no choice but to speak up.... I am proud of the team that I built under my leadership as I was able to instill my beliefs about employee relations to one another, which has extended into good relations with our customers....

For example, Employee Theft cases at Ramadan Cooperation should be handled in a free and fair manner as per the law.... There is regulation of gifts and entertainment in light of rampant theft of company property.... he modern market place calls for ethical considerations in pursuit for profit, safety in the workplace, employee rights, social and environmental concerns....