Small and medium businesses can suffer significant losses each year as a result of employee theft and fraud. In many cases, these businesses don't have the knowledge or resources to prevent this from happening. There are a number of steps you can take to prevent employee theft in your business so today we are discussing our top tips to help you secure your business.
When you are hiring new employees, interview them thoroughly and always check references.
Employees who are most likely to commit theft or fraud in the workplace have often done so before, and it may show up in their work history. While potential employees generally provide 2 or 3 references for you to contact, have a look through their entire work history or Linkedin profile and don't be afraid to make contact with other companies if you feel there may be something to discover.
Provide staff with an employee handbook which clearly outlines what is considered inappropriate behaviour or fraudulent activity, and the consequences for any infractions. A clear disciplinary procedure is important. Employees should be required to sign a statement to acknowledge that they understand the rules and procedures in this area. Provide an anonymous, confidential reporting system so that employees can report any suspicions without fear of retribution.
Research has shown that employees who steal from their workplace are doing it as a result of a negative working environment or resentment towards an employer for overlooking them on a promotion or payrise opportunity. Create a positive environment for your employees - encourage
feedback, regular reviews, a clear organisational structure and lines of communication will help employees to realise where they stand within the company and know that they can approach their manager with any issues without fear of reproach.
Restrict access to sensitive information, accounts and safes to authorised employees only. Ensure you have a trusted manager present when cash lodgements are being made, and install CCTV security cameras overlooking tills and safes. Check back on footage regularly.
RFC Fire & Security Services can help you assess your security camera needs please contact us today to find out more.
RFC Fire & Security Services is here to help you to understand your overall security needs for your business in order to prevent employee theft and fraud. Contact us today to discuss your needs and arrange a full security survey of your business.
“We moved our security requirements (CCTV, Fire & Intruder alarms and Key Holding) to RFC about 4 years ago. The service is excellent. We never have to contact them to schedule regular maintenance calls, the engineers just arrive when they are supposed to. Their Emergency and after-hours service is good. You are never left waiting too long if your alarm won’t set for any reason. I would have no hesitation in recommending them.”
“Abbey Court Hotel have being using RFC Fire and Security Services for over three years and have found them at all times professional in their dealings and also a rapid response for problems. Having used some of the larger recognised companies in the past I found using an Irish company with accreditation gave us a more personalised professional service.”
“RFC Fire and Security Services provided a competitive quotation to replace 16 analogue cameras with new HD Cameras. A comprehensive site inspection was carried out prior to quotation to ensure compatibility. Engineering staff that carried out the installation works were professional, efficient, polite and courteous. RFC Fire and Security Services have delivered a high quality state of the art CCTV system that will see us into the future.”
“On the 22nd/23rd Oct last at 3.30am I received a phone call. It was the alarm company. Intruder alarm has been triggered. Gardai have been alerted and will meet with your key holder. In years gone by that key holder was me. I had to drag myself out of bed, get dressed and go to work in the middle of the night and hope the Gardai were still there. If not, I always felt very vulnerable while I waited for them. I never risked entering the premises on my own. When everything was checked, I’d have to return home, often with the premises left with no alarm because of damage. Then get up the following morning as usual and face a day of tidying, dealing with contractors and insurers etc. etc. This time my key holder was provided by the security company. He met the Gardai, let them gain access, check that the intruders had fled and then stayed on guard outside until I showed up for work. An essential service provided by RFC and worth every penny. Security is peace of mind.”
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