STAGGERING EMPLOYEE THEFT STATISTICS

Employee Theft on the Rise

Carlsbad, CA – July 2009 According to the latest National Retail Security Survey, employee theft cost retailers $15.9 billion in 2008. And, based on current economic trends, employee theft is going to increase in 2009. As a business owner, it would be great if every employee could be totally honest and work for the common cause of satisfying customers while being conscious of improving the long term viability of your business. Industry statistics prove that at least one third of employees steal from their employer. What should you do? Fight Back!

Serious retailers need to be equipped with a comprehensive Loss Prevention tool that can quickly identify events like: invalid returns, unauthorized discounts, better inventory control and cash short¬ages, just to name a few. Without an effective LP tool, employee theft is difficult to detect and often goes unnoticed. How can you solve this problem in your business?

Depend on JDS' WinRetail® LP to discover how employee theft is impacting your bottom-line. WinRetail® LP gives you an efficient and effective way to reduce transaction fraud and cut costs making your ROI easy to measure and justify. WinRetail® LP enables you to define thresh¬olds in high risks areas and receive alerts automatically when fraudulent activity is detected. Instantly receive alerts on your mobile device or at your desktop.

Loss Prevention is a module in the WinRetail Enterprise Application. To receive a JDS LP brochure, please click here or call Robin Swift at: 877-WinRetail (946-7382) ext. 132.