Employers unlikely to press charges for employee theft

Study shows employers unlikely to press charges for employee theft

Posted on 12 Jan 2015 by Tim Brown

A recent study of 314 small businesses on employee theft indicated that most employees caught stealing are fired with no attempt made by the employer to press criminal charges and obtain restitution for their business loses.

The study by US-firm Executive Credit Management found that 64% of small businesses experienced employee theft but only 16% of these thefts were reported to the police. Many owners considered the theft a victimless crime. Others consulted with their attorneys who advised against prosecution on a cost basis. Legal fees can be very high and…

Study shows employers unlikely to press charges for employee theft

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