Preventing Employee Theft: Effective Strategies for Internal Security
While most employers don’t want to think negatively about their employees, it’s still important to take preventive steps to protect your company and its assets.
When business owners think of asset protection and stopping theft, they worry about potential clients. However, internal theft also occurs, so taking steps to deter employee theft is essential.
At Unparalleled Security, we are here to assist you with your internal security needs. So, we’ve provided this guide that covers practical strategies for internal security.
8 Effective Strategies for Internal Security
Many businesses benefit from taking steps to stop employee theft. While retail business comes to mind, factories, restaurants, and many other companies can lose money and inventory through employee theft.
So, to keep your business safe and foster a healthy working environment, here are eight ways to ensure better internal security.
1. Install a Security Camera System
Security cameras have many benefits for businesses. Firstly, they can help deter internal theft. Secondly, they also deter and prevent many other crimes, including vandalism and assaults, and improve overall workplace safety.
2. Hire Security Guards
Security guards are an excellent deterrent for many problems, including theft. Having security guards on site makes it harder for internal employees to steal. You can do things like having security guards go through bags at the end of shifts, too.
3. Properly Train Employees
One way to prevent internal theft is to train all of your employees on the ethics of your workplace. While this might not prevent all problems, you can train your employees on the proper protocols and promote an honest workplace.
4. Ensure Good Inventory Management
Surveillance and security guards can help deter theft, but you also want to have a good idea of your inventory. Through effective inventory management systems, you’ll understand how much of your stock is lost to shoplifting and theft.
5. Make Consequences Clear
While some people might not assume that workplace theft is a big deal, it’s vital that your employees understand the potential consequences. Outline that theft will lead to termination of the job and could also have legal consequences.
6. Focus on Creating a Positive Environment
Employees need to feel valued which can significantly reduce the risk of theft. Spend time working on building a positive relationship with them by listening to feedback and ways to improve the business while collaborating as a team so there’s a feeling of inclusivity and connection.
Also, do your best to provide competitive wages and benefits because it shows you care about their well-being, and gives them less reason to steal by providing a supportive wage.
7. Don’t Forget the Background Checks
If you aren’t doing it already, always do background checks on your potential employees. Background checks can be done quickly; to reinforce this, request social media links for more insight, and always contact references from previous employers to see how they performed at their previous company.
8. Implement Monitoring Systems
Aside from the benefits of hiring security guards to monitor areas, consider what types of monitoring systems you can use. Monitoring emails, internet, telephone use, and even GPS tracking in company vehicles can give you a better idea of how employee time is used and give you a heads up if you suspect theft might be an issue.
Prevent Theft with Help From Unparalleled Security
At Unparalleled Security, we are here to help you keep your business safe and to prevent asset loss. With our security guards, you can have better surveillance and deterrence in your business and the surrounding property.
Contact us today at 651-300-1515 to get started!