Transaction Search Form: please type in any of the fields below.
Date: November 22, 2024 Fri
Time: 11:35 am
Time: 11:35 am
Results for employee theft
9 results foundAuthor: Hayes, Read Title: Strategies to Detect and Prevent Workplace Dishonesty Summary: Estimates reveal that between 40% and 50% of all business losses can be attributed to employee theft. This report provides research-informed, practical strategies to reduce counterproductive workplace behaviors, including thefts and frauds of all types. It describes factors that can lead to these behaviors, describes common employee theft and fraud methods, and analyzes selected prevention techniques, policies, and technologies. Details: Alexandria, VA: ASIS International Foundation, 2008. 38p. Source: CRISP Report: Connecting Research in Security to Practice Year: 2008 Country: United States URL: Shelf Number: 113052 Keywords: Employee FraudEmployee TheftWorkplace Crime |
Author: British Retail Consortium Title: Retail Crime Survey 2009 Summary: This 2009 Retail Crime Survey (U.K.) was completed by 60 retailers, employing 1,154,019 staff and representing 49 per cent of total retail turnover. The Retail Crime Survey has identified an increase in total cost of retail crime of 10 per cent in 2008-09 (losses through theft and damage plus the cost of crime prevention measures). Retail crime cost UK retailers £1.1 billion in 2008-09, equivalent to 72,722 retail jobs. The incidence of some types of retail crime doubled during the course of the year. None decreased. This is a significant reversal of recent reductions in retail crime and for many types of retail crime takes levels back to those last experienced in 2004-05. The levels and mixture of police recorded crime are strikingly different to the distribution of retail crime experienced by retailers. Consequently retailers and the police have differing priorities for action. These differing perceptions need addressing if rising retail crime is to be addressed adequately. Retailers estimated the average level of shrinkage as 1.9 per cent, expressed as a proportion of sales, although the definition of shrinkage varied between companies. Details: London: British Retail Consortium, 2010. 39p. Source: Internet Resource Year: 2010 Country: United Kingdom URL: Shelf Number: 119417 Keywords: BurglaryEmployee TheftRetail CrimeRobberyShoplifting |
Author: CIFAS Title: The Internal Betrayal: A CIFAS Report on Beating the Growing Threat of Staff Fraud Summary: While attention has traditionally been focused upon external attempts to defraud, increasingly the fraud threat is being mirrored internally. In 2009, CIFAS Staff Fraud Members noted a 45% increase in the number of cases of fraud committed by employees, compared with 2008. This included theft of cash from the organisation or a customer account, or lies on an application form, through to the theft or disclosure of commercial or personal data. The opportunities to commit fraud from the inside are numerous. In The Internal Betrayal, CIFAS and a wide range of fraud prevention bodies and experts have combined to examine the facts about staff fraud. This report looks at the steps that organisations can take in order to combat the threat successfully. From the recruitment process, expenses claims, whistleblowing and corruption, to ensuring that the right anti-fraud philosophy is present at all organisational levels, you will find in this report all that you need to know about combating the threat of staff fraud. Details: London: CIFAS: The UK's Fraud Prevention Service, 2010. 24p. Source: Internet Resource: Accessed September 6, 2010 at: http://www.cifas.org.uk/download/The_Internal_Betrayal_CIFAS_Special_Report.pdf Year: 2010 Country: United Kingdom URL: http://www.cifas.org.uk/download/The_Internal_Betrayal_CIFAS_Special_Report.pdf Shelf Number: 119747 Keywords: Employee FraudEmployee TheftFraudWorkplace Crime |
Author: Chen, Clara Xiaoling Title: Relative Wages and Employee Theft: Evidence from Retail Chains Summary: In this paper we examine whether, for a sample of retail chains, high levels of employee compensation can deter employee theft, an increasingly common type of fraudulent behavior. Specifically, we examine the extent to which relative wages (i.e., employee wages relative to the wages paid to employees in competing stores) affect employee theft as measured by inventory shrinkage and cash shortage. Using two storelevel datasets from the convenience store industry, we find that: (1) relative wages are negatively associated with employee theft, after we control for each store’s employee characteristics, monitoring environment, and socio-economic environment; (2) employee theft decreases in the magnitude of employees’ overpayment but does not increase in the magnitude of underpayment; and (3) coworker presence is more likely to lead to reductions in the amount of employee theft when relative wages are higher. Details: Unpublished paper, 2010. 42p. Source: Internet Resource: Accessed May 11, 2011 at: http://www.comiteretailfinanciero.cl/wp/wp-content/site_files/2010/08/Relative_Wages_and_Employee_Theft.pdf Year: 2010 Country: International URL: http://www.comiteretailfinanciero.cl/wp/wp-content/site_files/2010/08/Relative_Wages_and_Employee_Theft.pdf Shelf Number: 121710 Keywords: Economics and CrimeEmployee TheftWorkplace CrimeWorkplace Deviance |
Author: Koh, Robin Title: Prediction, Detection, and Proof: An Integrated Auto-ID Solution to Retail Theft Summary: Theft is a serious problem in North America costing retailers and manufacturers at least $25 Billion per year. For the past ten years, there has been no change in the rate of theft. This lack of improvement traces in part to current technologies that are not fully integrated. Auto-ID lays the foundation for developing applications to predict, prevent, detect and resolve theft within the supply chain; providing a comprehensive solution. Practical applications of the technology will occur within the next five years. These first steps will lead to other applications of Auto-ID including efficient transfers between companies and the reduction of diversion. Details: Cambridge, MA: Auto-ID Center, Massachusetts Institute of Technology, 2003. 18p. Source: Internet Resource: White Paper: Accessed July 21, 2011 at: http://www.autoidlabs.org/uploads/media/MIT-AUTOID-WH022.pdf Year: 2003 Country: United States URL: http://www.autoidlabs.org/uploads/media/MIT-AUTOID-WH022.pdf Shelf Number: 122132 Keywords: Crime PreventionEmployee TheftRetail CrimeRetail TheftShoplifting |
Author: ECR Europe Title: Packaging Design for Shrinkage Prevention Summary: The purpose of this report is to provide guidance on how retailers and their suppliers can work together to identify and minimise the risk of shrinkage through the better design of product packaging. The fundamental role of packaging is to deliver every product to the consumer in perfect condition at minimum cost and environmental impact. However, in order to achieve this goal, retailers and manufacturers often face competing challenges and tensions concerning the way in which products should be packaged, not least relating to the growing needs for sustainability, the differing and frequently competing demands of various parts of the supply chain as well as the need to apply product protection devices. It is estimated that shrinkage costs the industry globally as much as €174 billion1, with a further €34.8 billion being spent on trying to respond to it. In addition, the knock-on effect on out of stocks and defensive merchandising could be costing another €17 billion a year. Taken together, if the average retailer could reduce their shrinkage by just 25 per cent they could see their profits grow through reduced costs and increased sales by as much as 18 per cent. Details: Brussels: ECR Europe, 2010. 50p. Source: Internet Resource: Accessed September 23, 2011 at: http://ecr-all.org Year: 2010 Country: International URL: http://ecr-all.org Shelf Number: 122883 Keywords: Crime PreventionDesign Against CrimeEmployee TheftRetail TheftShoplifting |
Author: British Retail Consortium Title: Retail Crime Survey 2012 Summary: This year’s Retail Crime Survey was completed by 44 retailers, employing 1.4 million staff and between them representing 58 per cent of total retail turnover. This marks the most extensive coverage of the survey since its inception over 10 years ago. Retail crime cost UK retailers £1.6 billion in 2011-12, equivalent to almost 135,000 full-time entry level jobs in retail1. This is a 15.6 per cent increase in the value of crime affecting the retail sector compared with the previous year. This year’s survey showed a rise in incidents of crime across a number of categories including customer theft, employee theft, burglary, criminal damage and fraud. Some categories also recorded a rise in the average value of crime per incident. Despite the increase in the number of incidents and the overall cost of crime, there has been a significant reduction in the number of offences being reported to the police. The sector continued to invest heavily to better protect their businesses against all types of crime and anti-social behaviour. Expenditure on crime and loss prevention rose by 7.1 per cent in 2011-12, with a median expenditure of £750,000 per retailer. The average level of shrinkage as a proportion of sales was estimated at 1.21 per cent, down on 1.55 per cent last year. The key challenges over the next year are to: 1 Continue to tackle the under-reporting of offences so that the true extent and impact of crimes affecting the retail sector is more visible and thus ensure a more effective response to rising crime affecting retailers. 2 Secure more effective local engagement between Police and Crime Commissioners (PCCs), police and retailers to ensure that the effective role that retail plays in delivering safe and vibrant communities is better understood and drives the delivery of quantifiable results. 3 Ensure that there is better co-ordination of police activity to identify and detect offences that cross police force borders. This will involve working with the Association of Chief Police Officers as it continues to find more effective ways to measure crimes affecting business. 4 Provide ongoing evidence to highlight the cost and impact of e-crime on the retail sector to support our campaign for an enhanced policing response to e-crime. Details: London: British Retail Consortium, 2013. 40p. Source: Internet Resource: Accessed February 13, 2013 at: http://www.brc.org.uk/brc_show_document.asp?id=4389&moid=7842 Year: 2013 Country: United Kingdom URL: http://www.brc.org.uk/brc_show_document.asp?id=4389&moid=7842 Shelf Number: 127609 Keywords: Crimes Against BusinessesEcrimeEmployee TheftRetail Crime (U.K.)Workplace Crime |
Author: EPS Consulting Title: Tackling the Black Market and Retail Crime Summary: Retail Ireland, in August 2012, published a major new report 'Tackling the Black Market and Retail Crime', which says the Exchequer is losing L861 million annually because of illegal black market activity and retail theft. The group said the recession had led to an increase in retail crime, including shoplifting, fuel smuggling and the sale of smuggled cigarettes, and called for a zero tolerance approach from the Gardai and courts. Key facts in the report include: - At least 12% of all diesel sold in Ireland is illegal. Since 2010, 19 oil laundries have been detected and closed, and 690,000 litres of oil seized - Figures on the size of the illegal tobacco market range from L250m upwards. - Attempts to import counterfeit goods increased by a quarter to 1277 from 2009 to 2010; 66853 counterfeit articles were intercepted in 2010 - Industry estimates that 770,000 individuals in Ireland have down-loaded music/films illegally, costing the industry and Exchequer millions - Ireland ranks 11th out of 22 countries in Europe for shop-lifting, with employee theft accounting for one-third, the highest rate in Europe Details: Dublin: Retail Ireland, 2012. 25p. Source: Internet Resource: Accessed August 14, 2014 at: http://www.ibec.ie/IBEC/Press/PressPublicationsdoclib3.nsf/vPages/Newsroom~black-market-costing-exchequer-E861-million-annually-20-08-2012/$file/Retail+Ireland+-+Tackling+the+Black+Market+and+retail+Crime.pdf Year: 2012 Country: Ireland URL: http://www.ibec.ie/IBEC/Press/PressPublicationsdoclib3.nsf/vPages/Newsroom~black-market-costing-exchequer-E861-million-annually-20-08-2012/$file/Retail+Ireland+-+Tackling+the+Black+Market+and+retail+Crime.pdf Shelf Number: 133058 Keywords: Counterfeit GoodsCrimes Against BusinessesEmployee TheftIllegal GoodsRetail CrimeShoplifting |
Author: Bamfield, Joshua Title: Changing Retail, Changing Loss Prevention Summary: At one time, protecting a retail corporation's assets was a role seen primarily as a policing one and retailers employed personnel (often with a police or military background) to carry out this task. The main role was to apprehend thieves stealing from the organisation and to prevention violent crime. The expectation was that this role was to be carried out mostly by arresting malefactors and handing them to the police. The value of retail security was often judged in terms of the numbers of arrests made and the efficiency of individual loss prevention officers would frequently be measured in terms of whether they had achieved their target number of arrests. Starting with the U.S. the 'retail security' (ie policing) model of loss prevention has been increasingly disparaged. The role of loss prevention, as its name suggests, has been to minimise retail loss rather than arresting large numbers of people. Loss prevention has been seen as being more concerned with financial and operational performance capable of reducing or preventing losses of all kinds. Specialist skills of investigation and arresting thieves without creating civil liability are of course essential to loss prevention work, but they only form part of what is required. The emphasis increasingly has been upon the prevention and deterrence of offending, and much less upon apprehending as many thieves as is practicable. Indeed, at its best, a good loss prevention department might have no arrests at all if its prevention work is of a very high order, although in practical terms this is highly unlikely. Apprehending thieves, processing them and handing them to the police (inevitably involving some court appearances) is extremely expensive and often costs more than the merchandise recovered when a thief is caught. Loss prevention specialists certainly patrol the stores and investigate suspicious employee behaviour, but loss prevention also includes preparing improved procedures, ensuring greater conformity with company loss prevention policy, training staff to be more aware of potential loss, analysing loss and working with other departments to mitigate actual or potential losses caused by error or procedural failures (as well as loss caused by crime), and helping to develop new policies needed for the changing pattern of retail losses, such as online losses or losses caused by the growing problem of refund/returns fraud. Details: Newark, Nottinghamshire, UK: Centre for Retail Research, 2013. 16p. Source: Internet Resource: Accessed April 20, 2015 at: http://all-tag.com/wp-content/uploads/2013/04/GRTB_Changing_Retail_Changing_Loss_Prevention_2013.pdf Year: 2013 Country: International URL: http://all-tag.com/wp-content/uploads/2013/04/GRTB_Changing_Retail_Changing_Loss_Prevention_2013.pdf Shelf Number: 135305 Keywords: Crime Against BusinessesCrime PreventionEmployee TheftLoss PreventionRetail SecurityRetail TheftShoplifting |