Tuesday, October 1, 2013

Your Best Employee Stinks And May Be Stealing From You

Entitlement is rampant, and it is ruining America.

Children today are all “special”, and they are all “winners”.  They are going to “do great things” and “be somebody special.”

Bullshit.

Most people are going to be average.  That is the definition of the word, “average.”
Unfortunately, the outsized expectation of quick success versus the reality of requisite hard work and determination (in most cases just to avoid being below average), is causing depression and anxiety in today’s workforce.

The grand canyon of disparity between expectations and reality manifests itself in increased employee turnover rates, low employee morale, an ever-widening gap between the wealthy and the poor and, for you business owners, a significant increase in employee theft.

In the past three years, according to the Society for Certified Fraud Examiners, the average size of small business fraud has increased by nearly 17 percent.  That should get your attention, because fraud and theft occurs in more than 35 percent of all small businesses.

To put it into sharper focus:  Do you know two other business owners?  If so, odds are that at least one of the three of you is being stolen from right now.

One of the most common types of fraud is accounting fraud, and one of the simplest tactics internal accountants use to steal money is called “double checks.”

Here is the way it works (this is a true story with the names changed): READ MORE

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