Synopses & Reviews
Employee theft is one of the most pervasive problems faced by businesses today, and it continues to escalate at an estimated rate of 15 percent per year. This volume presents the first full-length guide to the alternatives available to companies seeking to reduce both the actual theft of tangible property and the profits lost through cheating on time cards and expense accounts. The authors offer an in-depth discussion of the safeguards employers can implement, ranging from internal controls to physical security measures, and develop a comprehensive theft reduction strategy aimed at creating a working environment that discourages theft. They also address the legal and ethical problems arising from theft control issues as well as the question of equity in the workplace.
The authors agree that a plan for reducing employee theft can only be successful if it focuses on making the work environment unattractive to thieves rather than on simply catching thieves. They offer a practical theft reduction strategy, based on techniques that have proven successful in a variety of firms, that begins with the recruitment process and reaches into every aspect of business operation. In their concluding chapter they discuss what to do when a thief is identified. Five appendixes provide additional information including a guide to hiring and keeping good employees, a study of employee theft by Virginia's Crime Prevention Manual Task Force, an examination of what motivates employees, an internal controls checklist, and a list of dos and don'ts in dealing with employee theft. Human resource managers, small business owners, and executives in large corporations will find this volume an invaluable asset in their efforts to confront the growing problem of employee theft.
Synopsis
This volume presents the first full-length guide to the alternatives available to companies seeking to reduce employee theft. The authors offer an in-depth discussion of the safeguards employers can implement and develop a comprehensive theft reduction strategy aimed at creating a working environment that discourages theft. They also address the legal and ethical problems arising from theft control issues as well as the question of equity in the workplace.
Synopsis
This is the first full-length guide to the alternatives available to companies seeking to reduce employee theft. The authors offer an in-depth discussion of the safeguards employers can implement and develop a comprehensive theft reduction strategy aimed at creating a working environment that discourages theft.
About the Author
NEIL H. SNYDER is the Ralph E. Beeton Professor of Free Enterprise at the University of Virginia's McIntire School of Commerce and director of the school's Center for Entrepreneurial Studies.O. WHITFIELD BROOME, JR., is a professor and Director of Graduate Studies at the McIntire School of Commerce of the University of Virginia.WILLIAM J. KEHOE is the Consumer Bankers Association professor and associate dean at the McIntire School of Commerce of the University of Virginia.JAMES T. McINTYRE, JR., is an attorney with McNair and Associates in Washington, D.C.KAREN E. BLAIR attends the University of South Carolina School of Law.
Table of Contents
Foreword by Harry E. Figgie, Jr.
Preface
Dealing with Employee Theft
Do the Right Thing: A Case Study
Employee Theft from Two Perspectives
A Strategy for Reducing Employee Theft
Ethics and Employee Theft
Employee Theft and Employee Relations Issues
Using Internal Controls to Reduce Employee Theft
Using Physical Security Devices to Reduce Employee Theft
Reducing Time Theft
Conclusion
Appendixes: How to Hire and Keep Quality Employees Ryan A. Kuhn
Employee Theft Virginia's Crime Prevention Manual Task Force
What Motivates Employees? Workers and Supervisors Give Different Answers Kenneth A. Kovach
Do's and Don't's In Dealing with Employee Theft James P. McElligott, Jr.
Internal Controls Checklist Neil H. Snyder, O. Whitfield Broome, Jr., and Karen Zimmerman
Index