Employee theft is an unfortunate reality that business owners need to prepare for. You may be thinking, “my employees would never steal from me.” But internal theft is more widespread than you may think… and there are different ways your employees may be stealing from your company. 

When we think of employee theft, the first things that come to mind are often tangible goods such as money from a till, property and supplies or goods and merchandise. In these situations, careful management and reconciliation through nightly balancing and regular inventory counts can be an effective way to recognize and reduce loss.

However, as a business owner, there are a number of ways that employees can commit fraud and remove assets from your business that may be less apparent. This is because employee theft can go beyond the things that we can touch and see.