A paper entitled “Cleaning House: The Impact of Information Technology Monitoring on Employee Theft and Productivity” — by three academics — studied how staff at 392 restaurants in 39 states stole from their employers.\u00a0 Other studies estimated that employees stole 1 percent of revenue, which is a lot in a business that typically works on a 2 to 5 percent profit margin.\u00a0 “Theft alert” software was installed in the restaurants, and the scope of the pilfering became clearer:\u00a0 after installing the monitoring software, the revenue per restaurant increased by an average of $2,982 a week, or about 7 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
A paper entitled “Cleaning House: The Impact of Information Technology Monitoring on Employee Theft and Productivity” — by three academics — studied how staff at 392 restaurants in 39 states stole from their employers.\u00a0 Other studies estimated that employees stole … Continue reading