Employee Theft in an Organization
Although the majority of employees do the right thing at work, employee theft is a major issue that the organization faces. Employee theft is defined as stealing, using, or misusing an employer's assets without permission. Employees steal cash from their employers the majority of the time (BONNER, 2019), but employee theft involves more than just cash. Money is the most frequently stolen asset by employees, either directly or indirectly, such as charging customers more than the listed price for a product and stealing the extra cash. Furthermore, time theft occurs when a worker is paid for work that they did not actually do or were not actually at work. Employee theft of supplies accounts for a significant portion of the loss, which can be identified. Papers, pens, and computers from the office are common examples, as are foods, condiments, and silverware from restaurant supplies. Employee theft is defined as stealing products from shelves or warehouses that are to be...
