What Is Considered Theft In The Workplace?

What happens if you get caught stealing money from work?

In NSW, one penalty unit equals $110.

For example, if the value of the goods stolen exceeds $5,000 the maximum penalty is limited to two years imprisonment and/or 100 penalty units.

Statute imposes a maximum of 10 years’ imprisonment for larceny by a clerk..

Is theft grounds for immediate dismissal?

If theft is occurring in your business, it’s important to act as swiftly as possible to minimize the damage. In some cases, an employee’s behavior may merit dismissal. … Unfortunately, in many cases, the only way to keep the employee from hurting the business is immediate dismissal.

How do you address a theft in the workplace?

What to DoMake sure your evidence is strong. … You will probably want to terminate the employee immediately. … Notify the police. … Don’t deduct anything from the employee’s final paycheck. … Don’t discuss the situation with other employees or outsiders.More items…•

How do you identify employee theft?

Detecting and Combating Employee TheftLook for unusual occurrences in the workplace such as: discrepancies of cash amounts. missing merchandise or supplies. vehicles parked close to exits, i.e., an employee’s vehicle parked in a loading area. … Watch the employee’s behavior for: unusual working hours. poor work performance. unjustified complaints about employment.

What is considered time theft?

Time theft occurs when an employee is paid for work they have not actually done, or for time they were not actually at work.

How common is workplace theft?

Employee Theft Statistics: Amount stolen annually from U.S. businesses by employees – $50 billion. … Percent of employees who have stolen at least once from their employer – 75% Percent of employees who have stolen at least twice from their employer – 37.5%

Can you be fired for suspicion of theft?

If you steal from your employer, the starting point is quite simple — this can, and often does, amount to gross misconduct. This means you can be dismissed immediately and without notice. … The employer only needs to have ‘reasonable belief’ that the act took place.

What evidence is needed for theft?

For example evidence can be given through eyewitness testimony, physical evidence, forensic evidence, expert testimony or a case can be proven by circumstantial evidence. You do not have to prove anything, you are presumed innocent and the State must prove if they can the charges against you beyond a reasonable doubt.

How do you terminate an employee for theft?

A Step-by-Step Guide to Terminating Employees for TheftThe Investigation. … The Appropriate People Should Conduct the Investigation. … Make Sure the Accused Tells Their Side. … Follow Your Own Internal Policies. … Make Sure Your Witnesses Provide Their Own Testimony. … Preserve Records and Recordings. … Catching the Thief. … Destroy the Expectation of Privacy.More items…•

What do you do if you are accused of theft at work?

Were You Accused of Employee Theft? Here Are the Steps You Should TakeAsk Questions. … Seek Legal Representation. … Don’t Be Pressured Into Giving Up Your Right To An Attorney. … Remain Calm. … Know Your Rights.

What are the motives for employee theft?

Some of the more common motives include being addicted to drugs or alcohol, gambling addiction, being overwhelmed financially, or even the recession. In some instances, an employee is suffering financially and therefore decides to steal from their employee, regardless of the potential consequences.

Does an employer have to prove theft?

An allegation of theft is a powerful accusation and one that should never be taken lightly. While an employer ordinarily bears no burden of proof at trial, the jury will look for the employer to prove an accusation of theft beyond a reasonable doubt.