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3 Tips to Avoid Getting Ripped Off by Your Employees

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According to the Kroll Global Fraud Report, based on a survey of over 500 executives, 44% of corporate fraud is committed by insiders.

More about the report here:

When screening potential new hires, besides confirming employment history, education credentials and professional licenses, and conducting thorough interviews, it’s recommended you do these things too:

1. Make it a company policy requiring employees to sign a release agreeing to security investigations during employment, and have all applicants sign a release agreeing to them before employment.

2. Evaluate applicants’ skills related to the job through multiple assessment methods such as personality profiling tests, psychologist interviews, and handwriting analysis.

3. Assure the applicant that the hiring decision isn’t based on any single evaluation, but all parts combined, including the interview process, assessment methods, professional references, and background investigations including examination of public records.

Consistently adhering to the above-mentioned policies will vastly reduce your risk of legal concerns, and getting ripped off by one of your own employees.

Copyright © 2011 Scott Petullo

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