Are you placing too much trust in the integrity of your staff?

Scripture: Now he said this, not because he was concerned about the poor, but because he was a thief, and as he had the money box, he used to pilfer what was put into it (John 12:6).

Today’s Thought: Employee theft is one of the major causes of business failure. Still, many owners and managers fail to audit their employees’ activities. Either they don’t want to put forth the effort to develop a system of checks and balances or they’re afraid they will offend someone by appearing to question their integrity.

We don’t want to regard others with suspicion, but keep in mind that most individuals who steal from their companies are trusted right up to the moment they are caught. In other words, you can’t be too careful.

The best way to ensure the financial integrity of your business without offending anyone is to establish consistent review procedures at every level. Be diligent, thorough, and fair. Remind employees that these systems are in place to protect them as well as the company.

Put the proper safeguards in place and you will avoid allowing your business to be stolen from you.

Like a bad tooth and an unsteady foot is confidence in a faithless man in time of trouble (Proverbs 25:19).

Most individuals who steal from their companies are trusted right up to the moment they are caught.