Employee theft is a hard topic for business owners to touch upon. No one wants to think that their employees would steal from them, but unfortunately it can and does happen. In fact, it is the number one leading cause of shrinkage. Here are four of the best ways to prevent theft in your business.
- Hire Honest People – The first and foremost way to prevent employee theft is by hiring trustworthy employees. Conduct background checks and do drug testing on all potential employees before you hire them. The past is a good indicator of future behavior and previous theft and drug convictions should be a red flag.
- Access Control – Whether you have a high end access control system with key cards or utilize z-wave technology to keep employees out of a few restricted areas, the best way to prevent theft of valuable items or important information is to restrict access to only the most crucial parties. If you’re interested in reading more about access control for your business click here.
- Video Surveillance Systems – Employees are less likely to steal if there is always someone keeping an eye on them. Having a camera system allows you to do just that. It’s also important to only give access to the surveillance system to necessary employees to reduce tampering. If you’d like to read up on the many types of camera systems available to businesses, read this post.
- Anonymous Reporting – Having an anonymous employee tip line will make it more likely that other employees will come forward when they know or suspect there has been a theft.
For more information on protecting your business, check out these blog posts: