Comments on: Keep employees from stealing your Profit… http://www.coachmorse.com/478/a-coach-can-help-you-keep-employees-from-st/ Wed, 12 Oct 2011 14:37:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Coach Morse http://www.coachmorse.com/478/a-coach-can-help-you-keep-employees-from-st/comment-page-1/#comment-24 Coach Morse Fri, 07 Aug 2009 15:45:09 +0000 http://www.coachmorse.com/?p=478#comment-24 Thanks for commenting Pat. In my experience the best strategies for reducing employee theft have been those aimed at deterrence. The best of these are the consistent use of internal controls, such as requiring employees to conduct cash and inventory counts at the beginning and end of their shift, use of the inventory spot check and daily inventory, combined with communication and follow up by the store manager or owner when a discrepancy is found. In the final analysis, creating an environment where shortages do not go unnoticed is the best defense against employee theft, in my view. Thanks for commenting Pat. In my experience the best strategies for reducing employee theft have been those aimed at deterrence. The best of these are the consistent use of internal controls, such as requiring employees to conduct cash and inventory counts at the beginning and end of their shift, use of the inventory spot check and daily inventory, combined with communication and follow up by the store manager or owner when a discrepancy is found. In the final analysis, creating an environment where shortages do not go unnoticed is the best defense against employee theft, in my view.

]]> By: Pat Murphy http://www.coachmorse.com/478/a-coach-can-help-you-keep-employees-from-st/comment-page-1/#comment-23 Pat Murphy Fri, 07 Aug 2009 13:15:38 +0000 http://www.coachmorse.com/?p=478#comment-23 I would be interested in understanding your point of view regarding employee theft reduction strategies. The fast food industry is high risk for internal theft. Pat Murphy President LPT Security Consulting I would be interested in understanding your point of view regarding employee theft reduction strategies. The fast food industry is high risk for internal theft.

Pat Murphy
President
LPT Security Consulting

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