Like all relationships, the one between employer and employee is built on a foundation of trust. One of the more egregious violations of that trust is theft. And while employers will want to believe that their employees would never take cash from company coffers or forge a signature on a check, the unfortunate reality is that theft can happen in any workplace.
According to a recent study by insurance company Hiscox USA of federal court cases involving employee theft at organizations with fewer than 500 workers, it’s a high-cost problem. As a result, corporate leaders, including in-house attorneys, have to remain cognizant of the risk of theft and how best to minimize it, as well as how to cut their losses if they become victims.
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