It's only natural for small business owners and company employers to place a lot of trust in their employees. "We're like one big happy family" is a refrain often heard in entrepreneurial ranks. That's as it should be-but be careful. The harsh truth is that employee theft is a national problem of major proportion these days. According to one study, for every $1 worth of merchandise lost to shoplifters, employees steal $15 worth. Further, the average thief is a longterm employee well regarded as loyal and honest until the truth comes to light. A sobering thought, and one every employer would do well to keep in mind.
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