Employee theft is a serious security concern that may have widespread ramifications. If you suspect that a staff member is stealing from the business, it’s crucial to act swiftly. From recognizing signs of a problem to taking the appropriate steps, here’s everything you need to know.

What Is Considered Theft?

While stealing money is a common problem, there are other forms of theft that employees may commit. For example, they might provide discounts or freebies to their family and friends or take items from their coworkers. Even using business property for purposes unrelated to work can be considered theft. All of these infractions can affect everything from your future hiring practices to your bottom line.

Be alert to signs of potential on-site theft, such as merchandise or supplies that go missing in the workplace, a sudden decrease in petty cash, and unexpected expenses related to anything from food to travel. You might also notice an employee stealing on a security camera. In all situations, you must enact quick measures to address the problem.

How Do You Handle the Problem?

Conduct a comprehensive investigation before leveling any accusations against the employee. Thoroughly determine the case specifics, including what was taken, whether it’s replaceable, its impact on the business, and whether it’s a one-time occurrence or an ongoing problem.

Then present your evidence to the employee in question and request their side of the story. Be focused and professional. Once you’ve established your case, you can take steps based on your company’s disciplinary guidelines. You might need to pursue the case in court, or you may be willing to issue a written or verbal warning or a probation period, depending on the circumstances.

To prevent future instances of employee theft, perform a thorough background check during the hiring process, and be clear about the company’s disciplinary practices in the employee handbook. You might also install surveillance equipment, such as security cameras, which will not only prevent theft but also help everyone feel safer.

Serving clients throughout Honolulu for more than two decades, API Security is a locally owned, fully licensed, bonded, and insured company providing a variety of solutions for businesses. Their trained professionals will boost safety and security and offer protection from employee and business theft. Visit them online for more information about their options, including surveillance cameras and retail security, or call (808) 593-1125 to schedule a consultation.