Fight employee fraud — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
A new study shows that small businesses are hurt the most, on a per worker basis, by internal fraud. In general, U.S. businesses lose an average of $9 per worker per day to employee theft—a total of $400 billion annually, according to the Association of Certified Fraud Examiners. And per-fraud losses at small businesses (under 100 workers) are nearly identical to those at the largest companies. Fraud experts say the most frequent culprit is a trusted employee whose money handling is not double-checked. A recent survey found that 48 percent of employees admitted to one or more illegal or unethical acts during the past year.
Keeping up with employment law changes is an important part of your job â¦ and HR has seen an explosion of new rules and regulations from Washington in the past few years. Are you in compliance?...Click here to find out more.