Worried About Employee Theft? Send Them on Vacation!
Worried that your employees are stealing? Business expert Gene Marks recommends that you have them take a vacation.
It's a sad metric but in the United States, employee theft outranks shoplifting as the No. 1 way retailers see their inventory shrink, according to the latest Global Retail Theft Barometer. The United States leads the world in employee theft at retail establishments, with $18 billion in merchandise pilfered by employees each year. While you should watch for the signs of theft and pilferage, and use the standdard preventive measures (employee background checks, security cameras etc;), Gene Marks has an interesting suggestion in the video below- send your employees on vacation, and you never know what you might uncover!
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