Looking for ways to improve your bottom line? One oft-overlooked and perennially important area of money management is the prevention of employee theft. QSRMagazine’s website is currently featuring a helpful article on the topic, and the article makes some important distinctions. For example, not all employee theft is straightforward and malicious. In fact, such activities as throwing out things that could be saved or reused—are a sign that an employee simply isn’t clear on some of your policies. Discussion of what constitutes stealing is essential to curbing it, as is an explanation of how theft of all kinds affects the business and all of the staff.
Besides regular training and discussions, there are tools to help monitor losses—from bar inventory scales to office depository safes and security cameras. What methods do you use to prevent employee theft?