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Thursday, August 13, 2020 | History

2 edition of Protecting your business against employee thefts, shoplifters, and other hazards found in the catalog.

Protecting your business against employee thefts, shoplifters, and other hazards

L. R. Nader

Protecting your business against employee thefts, shoplifters, and other hazards

by L. R. Nader

  • 196 Want to read
  • 31 Currently reading

Published by Pilot Industries in [New York .
Written in English

    Subjects:
  • Employee theft.,
  • Shoplifting.

  • Edition Notes

    Statementby L. R. Nader.
    SeriesPilot books
    Classifications
    LC ClassificationsHV6652 .N35
    The Physical Object
    Pagination40 p.
    Number of Pages40
    ID Numbers
    Open LibraryOL5313285M
    LC Control Number72098094

    1. Pay attention to peak times for shoplifting. Just as there are high seasons for shopping, there are also high shoplifting seasons. According to the Center for Problem-Oriented Policing, Wednesday to Saturday are popular days for shoplifters, and the afternoon and evening are the prime hours for the holidays and summertime are also high-risk times.   If your business is lacking the proper POS features to prevent such fraud, you’re exposing yourself to a potential avenue of employee theft. Conclusions. It’s a hard idea to swallow. You’ve put a lot of trust and faith in your employees, to be honest, and hardworking, but, sadly, not every person is going to follow the same moral compass.

    If you want to Stop Shoplifting and other forms of theft, it’s important that you have policies in place to give your managers a starting point. Polices are also a great legal tool that can help you remain consistent when you discipline and terminate employees for not upholding company standards and expectations. How to Protect Your Boutique From Shoplifters As the owner of a boutique business, keeping your store secure is an issue that you have to deal with on a daily basis. Whether you’ve just started up or have been operating for a few years, security is always a concern for anyone who opens their doors to the public.

    more to employee theft than to burglary, robbery and shoplifting combined. Examine your management practices. Make your employees feel that they’ve got a stake in your business. Send a clear message to all employees that you will prosecute. Embezzlement & Pilferage Sometimes employees only take a few items, like office supplies, or they use.   Financial – Working to protect your employees, customers and assets. Education – Every student deserves to feel safe in the classroom. Healthcare – Protecting you and your patients 24/7. Real Estate – Helping to keep your tenants secure and happy. Retail / Restaurant – Stop theft before it happens.


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Protecting your business against employee thefts, shoplifters, and other hazards by L. R. Nader Download PDF EPUB FB2

Additional Physical Format: Online version: Nader, L.R. Protecting your business against employee thefts, shoplifters, and other hazards. [New York, Pilot Industries. Protecting your business with the following strategies can help secure your business assets and prevent shoplifting from would-be thieves.

Understand the Different Types of Shoplifters It helps to understand the different types of shoplifters and their reasoning for steal goods in order to be more in tune with small business retail loss prevention.

Business Owner's Rights for Shoplifters. The National Association for Shoplifting Prevention reports that shoplifting results in more than $13 billion worth of goods being stolen from retailers annually.

This makes it essential for even a small retail business to implement a comprehensive loss prevention program. In the book, Bill Bregar also addresses whether to press charges, how to develop a relationship with local police, employee theft and how to handle a shoplifter when you catch one.

This book is a blueprint to boost profits and cut shoplifting loss as well as a valuable resource to possibly prevent and other hazards book serious injury.4/5(3). Other topics covered are cash register control, banking procedure, employee fraud, shoplifting, check fraud, credit card fraud, refund fraud, insurance protection, robbery/burglary, casual mention of CCTV/anti-theft systems, workplace violence, sexual harassment, Safety/OSHA and Internet fraud.

Note that each topic is generally covered in /5(4). Use the workbook to start your new shoplifting-free life today. Before you begin this page, please review my DISCLAIMER. This website is not intended to render clinical, legal or other professional services, and should not be considered – in any way – a substitute for legal advice, professional therapy/counseling, or group therapy.

A theft prevention plan helps you assess potential risks shoplifters can be used as a tool for training your employees. EXTERNAL THEFT. External theft is committed by someone outside your business. It could be a fraudulent product return, shoplifting, or a break-in.

Tips for preventing external theft: Provide excellent customer service. Thus, you should have a plan to protect your business from pillaging. Theft Hurts the Financial Stability of Businesses.

When products are stolen, a business’s profit and revenue are negatively impacted. To compensate for a decrease in income, a business owner may absorb the expense or increase the price of their merchandise. Shoplifting erodes profits, businesses shutter, and neighborhoods lose safe and convenient places where community members have access to quality goods and services.

Safety and commerce go hand in hand. Customers and employees want to shop and work in spaces perceived as safe. The greatest threat to your commercial or retail business isn’t always an economic down slide or a lack of loyal customers; the biggest threat to a retail owner’s profit margins could hit from within your walls, in the form of shoplifters, employee theft, and burglaries.

5 Ways to Protect Your Business from Employee Theft. As a business owner, you still have control of what goes on in your business every day, and you can manage your business to minimize employee theft and embezzlement. The Most Common Types of Employee Theft and Fraud.

Estimates indicate that nearly one third of U.S. employees steal from their place of business, which makes them nearly as big a menace as shoplifters. Setting clear policies and procedures can help protect your bottom line against employee theft, but you should also run background checks on potential employees.

You can also implement shoplifting policies and procedures to protect your store against theft. According to The National Association for Shoplifting Prevention, a nonprofit organization that is a leader in shoplifting research, more than $35 million worth of merchandise is stolen from retailers each and every day.

As the holiday season approaches, many retailers will be faced with bigger concerns than holiday sales and the rush of people.

They will now have to worry about employee theft, which, according to a new report, is a bigger part of retail loss in the United States than shoplifting.

The Global Retail Theft Barometer is [ ]. Employee theft is one of the most serious problems facing small business owners in the U.S. According to the National Federation of Independent Business (NFIB), an employee is 15 times more likely than a non-employee to steal from an employer, and employees account for an estimated 44 percent of theft losses at stores.

Employee theft is the stealing of goods, money or time by the people who work for you, such as employees or contractors. To prevent employee theft, you need to identify how your business is vulnerable to it. You can then create policies, processes and monitoring systems to reduce or prevent employee theft.

Employee theft is responsible for 33% of all business bankruptcies. Other employees often ignore the theft and don’t do anything about it. Employers should not count on other employees to report employee theft, unless they can put a system in place that keeps the "reporter" anonymous and/or a reward program is set up.

Shrinkage, or retail theft, can have a serious impact on your bottom line. The National Association for Shoplifting Prevention says more than $35 million worth of goods are stolen from retailers every day.

And while all businesses are susceptible to shoplifting, some — like clothing, book and jewelry sellers — are more so. Armed robbery is different from burglary and theft, because it isn’t a crime against property, it’s one against people. Train your employees. Visit our commercial page to learn more about how a monitored commercial security system can protect your business.

Put Guardian to work for you Schedule a Free Quote Get Started. 6 biggest business security risks and how you can fight back IT and security experts discuss the leading causes of security breaches and what your organization can do to reduce them.

Whatever method employees use to steal, their take is more substantial than that of the average shoplifter. Mr. Bamfield’s global study of retail theft found that larcenous employees averaged. Shoplifting & Employee Theft Case Values Soared in Overshoplifters and dishonest employees were apprehended in by just 20 large retailers who recovered over $ million from these thieves, according to the 31st Annual Retail Theft Survey conducted by Jack L.

Hayes International, a loss prevention and inventory shrinkage control. Whether you call it shrink, theft, or shoplifting, there’s no question that stolen product impacts a retailer’s bottom line.

According to the National Association for Shoplifting Prevention, there are approximately 27 million shoplifters in our nation today — that’s 1 in 11 Americans — with more than 10 million people having been caught shoplifting in the last five .