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EMPLOYEE THEFT DETECTION

Employee pilferage has caused more businesses to go into bankruptcy than any other crime. Employee pilferage accounts for 60-75 percent of all business losses according to the United States Government. Most business owners will tell you that their employees would never steal from them. Most employees will tell you they know someone is stealing, but they would never tell the boss. Almost all employees will justify their theft and most believe that they are not committing a crime.

Landmark will audit your business for signs of: 

Retail pilferage, Indirect theft, Methods of theft, Warehouse theft, Office theft, Vulnerability to pilferage, Inventory accountability, Pilferage against business customers, Check and credit card fraud, Collusion with vendors.

Any pilferage here would be minimal. A study by the U.S. Department of Commerce shows that employee theft in manufacturing plants alone amounts to $8 million a day nationwide. The amount of theft on a daily basis at any company may appear minimal, but when the total comes in at the end of the year the figures can be staggering.

My employees will think I don't trust them. Studies have shown that the average employee welcomes controls associated with loss prevention. Sometimes the stress of working with an employee who is stealing can actually reduce performance in an otherwise productive employee. Many large and small companies have loss prevention controls out in the open for all employees to see, such as closed circuit TV monitors in plain view in the warehouse. Making the employees aware of the controls eliminates suspicion on both sides.

It sounds too expensive. Landmark will first audit your losses. The estimated figures will be used to decide how much protection your business needs. Obviously a large loss problem would require more controls than a small or nonexistent problem. Some degree of loss prevention control is necessary in every business. Landmark can determine your vulnerability before any action is taken.