In any organization, honesty is paramount for its proper functioning. Employees are required to be honest and respect the company's property. However, some employees engage in the theft of company properties. Companies suffer huge losses per year due to employees' theft and cases of dishonesty. Most employees engage in dishonest behavior in the organization at least once or twice in their career. The number of employee theft could be reduced if other employees report the cases. This is particularly because most cases of theft occur in the presence of colleagues. Often, the witnessing employees fail to report these cases due to the 'loyalty' between employees. The witnesses are often the friends or families of the stealing employees. They often find it hard to report the cases to avoid the negative consequences that may befall their colleagues.
As an ethical dilemma, reporting stealing employees should be given much more attention than it does. Stealing an organization's properties often results in huge losses to organizations. According to Security Magazine (2017), employee theft results in about $1.13 million in losses to US companies. Based on this survey, many employees go unpunished as companies are unaware of who stole its property. Additionally, internal theft results in the failure of about 30% of the businesses (Purpura, 2013). Employee theft can occur in different forms, the major one being funds embezzlement. What makes this important is that the amount of losses that companies experience and business failures could be significantly reduced if these cases are reported in advance. The management of companies should prioritize hiring honest employees. Honesty in employees means that they can report cases of dishonesty to the management even if their friends are involved in the dishonesty. Additionally, organizations should conduct background checks on employees before giving them responsibilities to handle the companies’ properties.
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References
Purpura, P. P. (2013). Security and Loss Prevention (6 ed.). Butterworth-Heinemann.
Security Magazine. (2017). Employee Theft Cost US Businesses $1.13 Million in Losses. Security Magazine . https://www.securitymagazine.com/articles/88265-employee-theft-cost-us-businesses-113-million-in-losses
