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"The increase in employee theft made me do it," he said.
This can easily be used to crack down on employee theft.
"We're going to keep the investigation open and do a little more research" on how far back the summer employee thefts go.
For one thing, employee theft is so pervasive at hotels.
Nationally, stores lose about 3 percent to employee theft, he said.
Professionals say there are many steps that can be taken to avoid employee theft.
We worry more about employee theft and mistakes at the table."
Employee theft is defined as employees taking things not belonging to them from an organization.
Perhaps the best means of reducing employee theft would be to hire honest workers.
Employee theft, after all, is impossible if one is not employed.
Some failed due to corruption, competition or employee theft.
"They encourage customers to spend recklessly and to prevent employee theft."
Sweethearting is the most common type of employee theft.
To the Editor: I was surprised not to find any mention of employee theft in your article.
Wal-Mart said the policy change would allow it to concentrate on professional shoplifters and employee theft.
Others have suggested that fractional pricing was first adopted as a control on employee theft.
But the merchants' major means of coping with employee theft is to enlist the employees themselves in the struggle.
The policies do not cover employee theft, but a companion policy covering such losses can be bought at a discount.
Employee theft is a bigger drain than even shoplifting, which accounts for one-third.
Integrity tests were created to foresee counterproductive work behavior while on the job and employee theft.
Losses from employee theft rose much more swiftly.
As incentives, businesses that hire former offenders receive tax credits and free insurance against employee theft.
Before concluding, it would be useful to refer to the more common crime of employee theft, 'fiddling at work'.
"Employee theft is 16 times higher than theft by shoplifters or outsiders," he said.
Almost 45 percent of the loss comes from employee theft, whether in the warehouse, in the accounting or at the cash register.