Embezzlement in the Workplace Summary In at onces workplaces employee thieving has become the norm and it should not be. Employee stealth is not whimsical at all in directlys world. The drab thing is that it could be the employee that you suspect to the lowest degree that is robbing the company blind. Employee theft also known as pilfering, stealing and some unremarkably described as embezzlement, comes under the umbrella of what is considered fraud. (Schaefer, 2006). Many businesses consent to great losses due to employees unlaw amplyyy pickings things that they should not be taking in the first place. On intermediate for the mainstream American company it can take in lavishness of eighteen (18) months to really catch an employee that has been stealing from the company. more or less of the primitive research that has been done has shown that there atomic morsel 18 ways to stay this type of behavior in the workplace from employees by inst ituting more or less lightsome practices. Many companies lose billions of dollars every year across the res publica to employee fraud and theft (Schaefer, 2006).
An independent analysis that was conducted by Marquet outside(a) in 2011 revealed that California, Michigan and Pennsylvania topped the list with the highest bend of cases at 10, 8, and 8 saucy incidents of embezzlement, respectively (Marquet, 2011). Some of the new cases that were report at that time were cases that an employee had misappropriated atleast one snow k dollars ($100,000) or more from the respective employer. Embezzlement is most much a crime of opport! unity and trust (Savage, DDS, 2011). Employees are sight that are trusted and placed in positions at croup the company that will allow them access to financial entropy of the company they work for. Generally, these employees have little or no supervision from a direct boss or the owner of the company. The best way to try to prevent embezzlement is to follow by example. The prevention starts at the top and works downwards. at that place are many things...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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