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Survey: Median Loss for Employee Theft is $280,000

By Steve Malkin

Employee theft is a top concern among U.S.-based organizations. It's not something most business owners want to think about, but employees often steal products and goods with little-to-no regard for the impact it has on the companies. When a company is faced with a high rate of shrinkage (loss of product between point of manufacture and point of sale), it's forced to raise the prices for … [Read more...]

Filed Under: Blog Tagged With: employee theft, hiring decisions, shoplifting

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