Employee theft is a serious problem that unfortunately can affect businesses in any sector. Whether you’re a start up, a small business or large corporation, no one company is in the clear. Shockingly, 95% of all businesses have been impacted in some way by employee fraud.
While it may seem like larger companies would be the main target for these crimes, the opposite is actually the case. In fact, 68% of employee theft happens at businesses with 500 employees or less.
What used to be a traditional workplace has now turned into a remote environment. With so many of us working from home during these times, it can make it more difficult for employers to detect these kinds of crimes. These kinds of cases can sometimes go on for 14 months before they’re ever detected.
So how can employers know what signs to look for in order to prevent these crimes from happening at their business?
Check out the visual guide created by JW Surety Bonds that highlights the different types of employee theft, red flags to look out for and what preventative actions employers can take to prevent these crimes from happening at their workplace.
