Company Theft Policy For Employees
Description
How to fill out Theft Policy?
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FAQ
For example, if time theft is committed and caught, you may follow these guidelines to handle the matter: Verbal warning, written warning, suspension, and termination. Write this out in your time theft policy so that employees know what will happen and when.
Question: If one of your employees steals from a customer, who's liable? As a general principle, employers are responsible for the actions of their employees. The fancy phrase is ?respondent superior,? which means one is responsible for the acts of their agents.
The Employee Theft coverage endorsement provides coverage to an employer from financial loss due to the fraudulent activities of an employee or group of employees. The loss can be the result of the employee's theft of money, securities, or other property belonging to the employer or a third party such as a client.
Dear Mr. / Ms. It has come to our attention that you were writing down the wrong start and end time of your worked shift on [Date] at [Time]. We do not appreciate such action. You are advised not to repeat such incidents in the future.
What to Do When You Discover Employee Theft Terminating the employee's employment. Contacting law enforcement and reporting the theft. Pursuing legal action against the employee. Conducting a review of your internal controls and making changes to prevent future theft.
