Newly Hired Facility Manager? Here's What You Need To Know About Employee Theft & How To Prevent It
In the United States, employee theft accounts for about 43 percent of inventory shrinkage in the retail industry. The average time it takes for fraud in an office setting to be detected is two years. Total thefts committed by managers in all industries is a whopping 37 percent. As many as 75 percent of all employees have stolen from their employer at least once, yet only 1 in 30 retail employees are arrested for theft in the workplace.