Jan 19, 2009

Solving a Vital Business Problem

It is really a fact that employee theft and fraud averages $9.00 a day per employee! That’s about $2,000 per employee subtracted from your bottom line every year. And while all employees have opportunities to steal, an employer’s risk increases as people advance to upper levels of responsibility. High ranking executives have been known to embezzle tens of thousands—even millions of dollars. Could there be a better reason for striving to hire people worthy of your trust?

Before you hire, you should know:

• Can this applicant be trusted?
• Is this applicant drug free?
• Is this applicant dependable?
• Will this applicant be a long-term, hard-working employee?

Dishonesty is a workplace reality

The results of employee surveys reflect the reality of your applicant pool:
• 56% of working people admit they have lied to their supervisors
• 41% say they have falsified records
• 64% admit using the internet for personal reasons during working hours
• 35% have stolen from their employers, by their own admission
• 31% abuse drugs or alcohol

And those who have studied the problem say about 80% of computer online is committed by “insiders”, at an estimated annual cost of from $100 million to as much as $1 billion.

Is it any wonder an estimated 36,000 companies are “stolen out of business” every year by their employees?

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