How to Solve Employee Theft

Employee theft skyrockets during the holiday season. Some retail employees do their holiday shopping at work by dipping into their employers' inventories. Retailers are also at risk after the holidays. When January bills arrive, some employees realize that their holiday shopping sprees have put them in a financial bind. Instead of dipping into inventory, some will dip into their employers' tills to pay the bills. The mortgage loan crisis and resulting recession have increased the risk of employee theft. Many home owners who have been able to make their mortgage payments are suddenly facing huge mortgage increases. Some will consider any means—legal or illegal—to keep their homes. Many small independent jewelers limit their staff to family members and trusted friends. An independent jeweler who uncovers an inventory shortage or cash theft may dismiss the notion that an employee wh

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