{"id":379,"date":"2015-01-26T14:05:56","date_gmt":"2015-01-26T14:05:56","guid":{"rendered":"http:\/\/www.asginvestigations.com\/corporate\/?p=379"},"modified":"2015-01-26T14:05:56","modified_gmt":"2015-01-26T14:05:56","slug":"employee-theft-often-leads-small-firms-to-make-bad-choices-wsj-article","status":"publish","type":"post","link":"https:\/\/asginvestigations.com\/corporate\/employee-theft-often-leads-small-firms-to-make-bad-choices-wsj-article\/","title":{"rendered":"Employee Theft Often Leads Small Firms to Make Bad Choices ~ WSJ Article"},"content":{"rendered":"

They Often Try to Give the Thief Another Chance\u2014Instead of Breaking Ties Quickly and Decisively<\/p>\n

By \u00a0ALINA DIZIK<\/p>\n

January 26, 2015<\/p>\n

For small businesses, employee theft deals a double blow. First, whether it\u2019s money, equipment or data that gets stolen, the business has to absorb a hit it often doesn\u2019t have the capacity to absorb. And second, it loses a lot of the mutual trust that a tightly knit operation depends on.<\/p>\n

Experts say that entrepreneurs who have been hit by employee theft should tread carefully. It\u2019s easy to make missteps, which could lead to more disruptions in the workplace and legal action from the accused employee.<\/p>\n

Make It Quick<\/p>\n

First, experts say, the best approach in almost all cases is to cut ties quickly. Many entrepreneurs may have an impulse to try to recover what was stolen, or to give an employee\u2014particularly a once-trusted one\u2014a chance to explain or make amends<\/p>\n

But it\u2019s better to write off losses and let someone go as soon as possible, explaining the move as \u201cdownsizing\u201d and not mentioning the theft at all.<\/p>\n

Accusing an employee of theft will mean the company needs to present bulletproof evidence of possible wrongdoing and may end up facing legal action from the accused, says Ellen Rohr, a small-business consultant in Rogersville, Mo.<\/p>\n

\u201cIf I\u2019m not going to prosecute, I\u2019m not going to confront [the employee] about it,\u201d she says. \u201cBe really careful of what you accuse [the employee] of.\u201d<\/p>\n

Even though it can feel dishonest, telling an employee he or she has been downsized without giving a specific reason leaves less room for error, she says.<\/p>\n

Full article here.<\/a><\/p>\n

Ms. Dizik is a writer in New York. She can be reached atreports@wsj.com<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

They Often Try to Give the Thief Another Chance\u2014Instead of Breaking Ties Quickly and Decisively By \u00a0ALINA DIZIK January 26, 2015 For small businesses, employee theft deals a double blow. First, whether it\u2019s money, equipment or data that gets stolen, the business has to absorb a hit it often doesn\u2019t have the capacity to absorb. … Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nEmployee theft at Small Business<\/title>\n<meta name=\"description\" content=\"Employee Theft Often Leads Small Firms to Make Bad Choices per WSJ\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asginvestigations.com\/corporate\/employee-theft-often-leads-small-firms-to-make-bad-choices-wsj-article\/\" \/>\n<meta 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