How Should An Employer Respond to Employee Theft?

How Should An Employer Respond to Employee Theft?

Responding to Employee Theft

To best protect its interests, a company that suspects that particular of their employees is stealing should immediately consult the company’s attorney for advice. Typically, the attorney will advise the employer to consider steps including the following:

Commence the Investigation Promptly:

A small business proprietor should initiate the investigation of the purported theft by staff immediately. This prevents the employer from running afoul of criminal and civil statutes of limitation.

Place a Third-party Employee in Charge of the Investigation:

A management employee besides the supervisor who first observed or reported the theft should perform the investigation. This avoids the taint of bias a more involved player will bring on the investigation. Also, the employer should interview the accused in the presence of the witness.

Maintain Strict Confidentiality:

Maintaining strict confidentiality through the entire investigation is essential. Failure to do something discretely in handling a staff theft can subject the business to defamation claims through the accused employee.

Document the Investigation:

It is also crucial that you document all interviews when investigating the claimed theft. The employer should gather evidence that sufficiently assures the theft from the company occurred and was committed through the employee. This evidence is going to be beneficial in several areas: in furthering a criminal or civil prosecution in the accused, in collecting from an insurance company if the business is insured against employee theft, as well as in defending against a potential wrongful discharge action up against the employer.

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How to Build a Repeatable, Paint-by-Numbers Outsourcing System?

How to Build a Repeatable, Paint-by-Numbers Outsourcing System?

If you are a private business owner at all like me, you know how important it is to have documented, repeatable systems in place, whenever we can, to deal with day-to-day business tasks inside your operations.

Without systems, your business can not operate at its full risk of efficiency and effectiveness.

One area that has been ever more popular and vital that you systematize belongs to managing your outsourced projects and providers.

If you aren’t informed about utilizing outsourcing inside your small company, its basically the technique of “farming out” different time-consuming tasks or one-time special projects with an outside provider, someplace possibly at a pay-rate providing you with the maximum advantage of the small business owner.

There are some different steps that you would like to follow along with because you begin outsourcing:

  • The first item we will check out is how to prioritize projects which make you the most money. You always need to choose tasks that first would need the most hours of their time and after that outsource those. You’re immediately removing yourself through the equation. You can have people do time-intensive tasks that may give you additional time to concentrate on more essential things.
  • Your next wish to choose projects that may immediately enhance your reach. By reach I mean, adding a new product or product line, boosting your marketing, etc., things that will bring your small business out in front of more individuals who are apt to buy.
  • You have to take yourself out
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