Employee theft is not a topic that managers want to discuss, though it happens a lot in the workplace. What constitutes employee theft? Anywhere from stealing time, supplies or an outright theft where a trusted employee embezzles thousands of dollars. Small companies are vulnerable because they don’t usually have in place financial control systems that insure employees are honest.
Studies show that people will rationalize taking something that doesn’t belong to them if the environment is ripe for the taking. That’s why it’s important that managers/owners help employees stay honest by setting up clear guidelines and systems that protect the assets of the company.