The fact that owners do not report the thefts is a problem in itself. This would not discourage the employees and they are likely to repeat what they have done. It was said that most of the thefts involved employees who have been doing it over a period of time. To root them out, business owners should hire a corporate investigations company to identify these employees and put an end to the thefts.
Employee theft can greatly increase company costs. A good way to prevent thefts is by creating an environment where such actions will be taken seriously and would have serious consequences. Of course, it can’t be helped if there are really some employees who are keen on breaking the rules, but the cases can be lessened with proper guidelines. There will be times, however, when an investigation is necessary in order to weed out the bad apples.