For example, if Internet usage isn’t monitored, not only will employees check sports websites or social media, but they also might just gamble, take care of personal business, and even hold a second job.
Don’t believe us? Perhaps you’ll want to do a little snooping behind the scenes. You might learn something new about the people you see every day and find new white collar crimes being committed in your company every day.
The strangest thing about theft at work is that people don’t generally consider it stealing. Not only can you find employees taking a box of a couple pens and some envelopes, but there have been cases of employees stealing entire days and weeks’ worth of time where they do schoolwork or write that future best-selling novel on the clock. These small thefts might seem harmless, but they can really cost your company quite a lot!
When it comes to fraud, there are many ways to conduct this. It can include the failure to count someone’s sick or leave time, as well as the misrepresentation of reimbursed expenses. If this sounds like theft, that’s not surprising. Fraud and theft often overlap in how they are committed. Programs for getting a master’s degree in Criminal Justice, such as those offered at the University of Cincinnati, often focus on crime prevention theories and these usually start with fraud. Even just a bit of harmless dishonesty now and then can lead to much larger white collar crimes.
This is part of the reason why Fishbowl uses granular user rights in its inventory software. Most of the time inventory problems aren’t started maliciously. Errors can creep into data, and it’s important to know where they’re coming from, so you can check login records and see who inserted incorrect data. But user rights also prevent people who might wish to cause harm from having access to more sensitive parts of your inventory data.
Being wasteful is not generally considered a crime, and the extent to which it is happening under your roof would likely not qualify. However, it is so common that it needs to be noted and addressed.
The most common form of waste is paper waste. It’s ironic that as more offices go paperless they seem to use more of the stuff than ever, but it’s not the only case.
Certain types of waste tend to be specific to different industries. For example, in a service-based business, like a law firm, waste can occur in the form of an employee failing to maximize billable time toward a client. Again, there’s no crime in this specific case, but it’s a white collar issue that needs to be addressed before too much money is lost.
There is so much more going on at your company, particularly as your employee base grows, that you may not be aware of everything behind the scenes, according to the government of Western Australia. While these aren’t all legally punishable crimes, you should know which ones are and how to stop them from being committed right under your nose.