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The Executive’s Guide to Employee Assessments

The Executive’s Guide to Employee Assessments

A study conducted by the University of Florida estimates that employee theft is the cause of about 48% of inventory shrinkage in business. That’s equal to more than $15 billion per year. The study goes on to estimate that the average loss cost per employee is in excess of $1,300, which is significantly higher than the cost normally attached to individual incidents of shoplifting, which is just over $207. Consequently, businesses are forced to spend a great deal of time, effort, and money on loss prevention.



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