Business is booming, revenue is up, and your company is seeing growth quarter after quarter. You have the best employees a boss could ask for in this recovering economy.
Or do you?
The U.S. Chamber of Commerce released data showing that a staggering 75% of all employees admit to stealing at least once, and half of those steal repeatedly. So if you have 10 employees, statistically at least 3 of those employees could be repeatedly enjoying more compensation from your business than you’ve agreed to.
On a per case basis, dishonest employees steal almost 6 times the amount stolen by shoplifters. Your loyal U.S. workforce is responsible for $40 billion dollars annually in corporate loss and over 1/3 of these employees stealing your stuff is your ambitious management team. 33% of businesses declaring bankruptcy in the United States are doing so as a result of employee theft according to the U.S. Chamber of Commerce.
But fear not, we have solutions! Here are our top 4 “must-do’s” to protect your business against the fastest growing crime in America.
most effective way to protect your business against those sticky fingers on your payroll. A crime shield or theft guard surety bond will make your business whole again if you or your customers become victims of employee theft. You can obtain an employee theft surety bond that can protect your business, your customers, or both. The surety bond experts at Surety 1 can help. Surety1 offers the best rates in the nation for these theft guard surety bonds and the premium can start as low as $100 per year. You can apply by online at the surety1.com website in a matter of minutes.