How to lower chances of employee theft: 5 things to know [FOX News]
Insperity, Inc. (NSP)
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Source: FOX News
How to lower chances of employee theft: 5 things to know NEW YORK – The thin staffing at many small businesses can make them vulnerable to theft. So can small companies' tendency to have less sophisticated technology practices. Five ways that companies can protect themselves: — Make sure that responsibility for finances doesn't rest with only one person, says Doug Karpp, a senior vice president with insurer Hiscox. At the least, "business owners should have their bank statements sent to their home instead of the business, and given to their accountants to review," Karpp says. — When a staffer quits or is fired, their access to the company's computer system and email should be cut off immediately. Any passwords they use should be changed. Owners may also want to consider having the staffer leave the day they give notice. "All the things that go hand in hand with the termination of an employee in a large company, a small company needs to think of too," says Shira Forman, an employment a
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