What is employee theft primarily concerned with?

Employee theft primarily concerns the act of employees stealing cash and inventory from their workplace. This type of theft is a significant issue for retailers because it directly affects the company’s bottom line. Unlike shoplifting, which involves customers, employee theft emanates from within the organization and can range from small items to large sums of money.

This behavior can take many forms, including taking products for personal use, manipulating cash registers to steal money, or even stealing from deliveries. Understanding and addressing the factors that lead to employee theft is crucial for retailers to implement effective loss prevention strategies and maintain a trustworthy work environment.

While shoplifting by customers, mismanagement of resources, and under-reporting sales figures are important concerns in retail, they are not classified as employee theft. Each of these factors impacts a retailer in different ways, but only the direct act of stealing by an employee pertains to the definition of employee theft itself.