HIGH POTENTIAL
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Syed Faiez HussainThe company name is only visible to registered members.Pre Employment Criminal Background Checks is the Only Way to Prevent Employee Theft!
The fraud by Tyco and Enron executives made news headlines around the world. But beneath these extreme cases lie a number of smaller incidents that amount to a very large problem for organizations. The billions of dollars lost each year due to employee theft and fraud affecting both small and large organizations alike.
Many of the other entries have indirectly touched on this problem and suggested solutions to it. But this piece of writing will not only discuss about different aspects of employee theft but also give a solution to a problem through pre employment criminal background checks in a way that the problem cannot head-up again.
Recent surveys indicate that employee theft is the fastest growing crime in the United Stated. Companies have lost over 50 billion dollars annually as their employees caught stealing Time, Money and Supplies as well.
A recent example quoted a by a newspaper, is about an English employer who have figured out an employee thieve and tries to punish him in his own way but his own sleeves caught fire when the same employee sued him for hell stake of a money. First, have a look at the story then I will let you know the reason behind it.
“A business owner/employer in England found that one of his trusted employees wrote a company check to himself for £845 ($1,375.66 US) and then cashed it.
http://www.slideshare.net/dataflow1/pre-employment-criminal-...
- 24 Aug 2011, 2:01 pm
