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Theft by Employees is Up

Poor economic conditions are contributing to a rise in workplace
theft by employees, according to a new survey of 392 employers
conducted by the Institute for Corporate Productivity. Twenty-four
percent of all respondents and 31 percent of respondents at large
companies (10,000 or more workers) reported an increase in theft of
office supplies, products produced by the company, electronics, and
food items since the economic downturn began. What’s more, 18 percent
of all respondents and 22 percent of large-company respondents said
they noticed a surge in monetary theft by employees—including padding
expense reports, cash disappearance, and other financial crimes.


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