Retail establishments are well-known targets for theft. Items are often small, stores often large, and cameras and personnel can only cover so much ground. But what happens when the theft comes from inside? The unfortunate reality is that a significant portion of retail inventory shrinkage emanates from internal theft – employees removing product without having paid for it. The question is – how do you monitor it?
While seeking justice for such behavior through termination and/or legal action is a reasonable course of action for recouping losses and maintaining order, it’s clearly not entirely effective as a deterrent. That is where an employee hotline is helpful. Anonymous employee hotlines empower every member of an organization,, to submit concerns regarding theft, sexual harassment, and other unprofessional employee behavior. Without fear of repercussions, employees can quickly become an inexpensive and effective resource for finding out what really goes on in your business. Perhaps the best part is that knowledge of such infrastructure makes your establishment a less attractive target for internal theft. Those who gravitate toward such behavior are less likely to do it at your place of business. As the saying goes, an ounce of prevention is worth a pound of cure.
To learn more about Employee Hotlines, contact us!