4 Ways To Deal With Employees Who Steal From Your Business
As an entrepreneur, your business comes first, considering you invest time, effort, and money to start and grow it. So when your employees start stealing from you, you’ll have a hectic time running the business.
So how do you deal with gross misconducts, such as theft, without bringing the heat back to the business or risk a defamation suit? These four ways will help you deal with employees who steal at your workplace in a way that will prevent future recurrence.
Get Professional Advice
When you already know who’s stealing and how they’ve been doing it, approaching the person directly can spook them into covering their tracks. It can end up worse if your case doesn’t hold water when the employee resorts to suing your business.
It helps to get professional advice from people who have legal knowledge on criminal matters. An expert such as a criminal law attorney will give you sound advice on the next steps and if you need to pursue the matter further.
Act According to the Company Policy
During the hiring process, each employee gets access to the company policy that stipulates the dos and don’ts. This policy should outline the repercussions of serious crimes such as theft or abuse in the workplace.
Refer to this document once you have the proof to back up your claims of employee theft to reduce stress when handling such a matter, as it gives you a clear mind on the procedures you should follow.
Ensure your employees know the company policy and understand the consequences of stealing or aiding and abetting the crime.
Use Words Selectively
It is human nature to get aggrieved and agitated when you find out someone is stealing from you or your business. During that moment, you often feel the need to confront them openly and expose their crimes.
However, this shouldn’t be your immediate reaction when in a formal setting like business premises. Instead, as a savvy entrepreneur, you should carefully rethink your words when addressing the said person.
Refrain from uttering direct statements such as calling someone a thief. Instead, hide your actual words in ambiguous statements such as ‘violation of company policy to avoid facing litigation battles.
Take Steps to Prevent Future Theft
Now that you know what employees are stealing and how they do it, take the necessary actions to protect your business in the future. The following are great places to start.
Address Employee Concerns
Perhaps your workers are stealing from you because you never listen to them or address their primary challenges.
Call your staff for regular meetings to air out their grievances and tackle the most pressing issues that keep them happy and satisfied.
Learn from Mistakes
A loophole in a specific department may be what allows your employees to steal from your business. Identify the mistakes that led to the crime and make improvements that render your system watertight.
Employee theft is bad for business. It’s not only a time-consuming process, but it also distracts you from the central issue of growing your business. Use the above ways to curb employee theft in your company and prevent a repeat of the same.
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