Workplace theft is on the rise
February 20, 2019

From The Atlantic:

Your office is a den of thieves. Don't take my word for it: When a forensic-accounting firm surveyed workers in 2013, 52% admitted to stealing company property. And the thievery is getting worse. The Association of Certified Fraud Examiners reports that theft of "non-cash" property – ranging from a single pencil in the supply closet to a pallet of them on the company loading dock – jumped from 10.6% of corporate-theft losses in 2002 to 21% in 2018. Managers routinely order up to 20% more product than is necessary, just to account for sticky-fingered employees.

Some items – scissors, notebooks, staplers – are pilfered perennially; others vanish on a seasonal basis: The burn rate on tape spikes when holiday gifts need wrapping, and parents ransack the supply closet in August, to avoid the back-to-school rush at Target...

Continue reading at The Atlantic...

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