Embezzlement? Theft? Unthinkable! It only happens to other people, right?
Sad, but not true. It can happen to anyone. When it does, it's almost always a shock. It's not expected.
It's my job to protect you, so let me pass on a few tips. Please take a quick moment to review these tips. (Or, at least, save them to read later.) There are warning signs. And things you can do to protect your business. Consider this:
- A fancy new car? A luxurious vacation? If an employee has a sudden change in lifestyle, that may be a warning sign. (Or maybe they really did win the lottery!)
- Showing up to work when nobody is there? Or staying late? It's possibly a good thing! But experts tell us this might be a warning sign, too.
- They don't like you checking on them, when it didn't bother them before. Watch out for any big changes in behavior.
- Expensive office supplies or costly promotional gifts go missing.
Employee dishonesty can seriously damage a business. But you can insure against this risk.
Andrew Bell is a licensed business insurance specialist at Joyce, Jackman & Bell Insurors.