Financial pressure is one of the primary motivators for theft by employees, particularly those in positions of trust such as servants or employees with access to sensitive information or assets. When faced with financial difficulties or other financial pressures, employees may be tempted to steal from their employer in order to alleviate their financial situation.
For example, a servant who is struggling to make ends meet may be tempted to steal cash or other valuables from their employer's home in order to meet their financial obligations. Similarly, an employee with access to sensitive financial information may be tempted to steal or misappropriate funds from their employer in order to pay off debts or other financial obligations.
To prevent theft by employees, it is important for employers to establish clear policies and procedures for handling sensitive information and assets. This can include limiting access to sensitive information and assets to only those employees who require it to perform their job duties, regularly monitoring financial transactions, and conducting background checks on new employees to identify any past criminal activity.
Employers can also promote a positive work environment by offering competitive salaries and benefits, creating opportunities for professional growth and advancement, and providing resources for financial management and counselling. By creating a supportive work environment and addressing underlying financial pressures, employers can reduce the risk of theft by employees and protect themselves from financial loss and reputational damage.
