Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Christmas Rip Off - By Staff

06.12.2007
University of Leicester study warns of the costly dangers of staff dishonesty

A report from University of Leicester crime research company PRCI reveals that businesses face a massive hit on their profit margins- because employees are ripping them off.

The study reports interviews with dishonest staff and finds they collude with colleagues and join companies specifically because they believe they are a soft touch for theft.

Researcher Professor Martin Gill is calling for retailers to listen to their own dismissed staff to learn key lessons on how to prevent theft.

Professor Gill said staff dishonesty still involves taking money from the till and stealing goods – although cheating on discount cards was common.

And those committing the crimes come from all grades - from cashiers to managers. Some even join firms regarded as being a ‘soft touch.’

Professor Gill said: ‘The findings are striking: almost one third of the 35 interviewees admitted having colluded with colleagues or friends and family in committing offences; and two thirds of interviewees were aware of dishonesty amongst other staff.’

The research reveals that much of the theft occurs early in the supply chain – for example in the warehouse. It also indicates that thieves are motivated by different factors – including having a grudge against their employers.

Professor Gill noted: ‘Interviewees believed their chances of getting caught were low, largely because of poor in-store security; they made use of CCTV blind spots and took advantage of ad hoc approaches to policies and procedures.”

Employee dishonesty is a major problem. The latest Figures from the ‘global theft barometer’, found that in the UK 34% of theft is due to staff, resulting in a cost of £1.3 billion (€1.9 billion). The global costs of retail crime, based on the costs of thefts by customers, disloyal employees and suppliers and vendors plus the costs of loss prevention were £54.5 million, equivalent to £142.85 ($283.61) per household.

Ather Mirza | alfa
Further information:
http://www.le.ac.uk

More articles from Studies and Analyses:

nachricht Win-win strategies for climate and food security
02.10.2017 | International Institute for Applied Systems Analysis (IIASA)

nachricht The personality factor: How to foster the sharing of research data
06.09.2017 | ZBW – Leibniz-Informationszentrum Wirtschaft

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Neutron star merger directly observed for the first time

University of Maryland researchers contribute to historic detection of gravitational waves and light created by event

On August 17, 2017, at 12:41:04 UTC, scientists made the first direct observation of a merger between two neutron stars--the dense, collapsed cores that remain...

Im Focus: Breaking: the first light from two neutron stars merging

Seven new papers describe the first-ever detection of light from a gravitational wave source. The event, caused by two neutron stars colliding and merging together, was dubbed GW170817 because it sent ripples through space-time that reached Earth on 2017 August 17. Around the world, hundreds of excited astronomers mobilized quickly and were able to observe the event using numerous telescopes, providing a wealth of new data.

Previous detections of gravitational waves have all involved the merger of two black holes, a feat that won the 2017 Nobel Prize in Physics earlier this month....

Im Focus: Smart sensors for efficient processes

Material defects in end products can quickly result in failures in many areas of industry, and have a massive impact on the safe use of their products. This is why, in the field of quality assurance, intelligent, nondestructive sensor systems play a key role. They allow testing components and parts in a rapid and cost-efficient manner without destroying the actual product or changing its surface. Experts from the Fraunhofer IZFP in Saarbrücken will be presenting two exhibits at the Blechexpo in Stuttgart from 7–10 November 2017 that allow fast, reliable, and automated characterization of materials and detection of defects (Hall 5, Booth 5306).

When quality testing uses time-consuming destructive test methods, it can result in enormous costs due to damaging or destroying the products. And given that...

Im Focus: Cold molecules on collision course

Using a new cooling technique MPQ scientists succeed at observing collisions in a dense beam of cold and slow dipolar molecules.

How do chemical reactions proceed at extremely low temperatures? The answer requires the investigation of molecular samples that are cold, dense, and slow at...

Im Focus: Shrinking the proton again!

Scientists from the Max Planck Institute of Quantum Optics, using high precision laser spectroscopy of atomic hydrogen, confirm the surprisingly small value of the proton radius determined from muonic hydrogen.

It was one of the breakthroughs of the year 2010: Laser spectroscopy of muonic hydrogen resulted in a value for the proton charge radius that was significantly...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ASEAN Member States discuss the future role of renewable energy

17.10.2017 | Event News

World Health Summit 2017: International experts set the course for the future of Global Health

10.10.2017 | Event News

Climate Engineering Conference 2017 Opens in Berlin

10.10.2017 | Event News

 
Latest News

Terahertz spectroscopy goes nano

20.10.2017 | Information Technology

Strange but true: Turning a material upside down can sometimes make it softer

20.10.2017 | Materials Sciences

NRL clarifies valley polarization for electronic and optoelectronic technologies

20.10.2017 | Interdisciplinary Research

VideoLinks
B2B-VideoLinks
More VideoLinks >>>