Employee theft is one of the worst problems a organization faces. In order to achieve success and make profits, small retail businesses have to stay theft-free. Statistics demonstrate that almost two-thirds of loss in an outlet is caused by theft perpetrated by dishonest employees. The losses cause scratches to people who are not involved in this - the customers, by driving prices up. Eventually customers will refuse to achieve their shopping on the store affected. Therefore, businesses will enjoy less profit. Undoubtedly, every business must strive to prevent theft.
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If you are one of them, you already have an idea how much you lose every year to employee theft and shoplifting. About 40% of losses in retail businesses are from employee theft. Customers with “shoplifting” account further 30%. 70% combined-whoa! That is a lot money that might go to your bottom sentence.
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