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Corporate Cancer: An Epidemic of Dishonest
Employees
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Hiring and retaining employees in todays marketplace is a
complicated situation; in fact, its more of a matter of life
and death for most businesses. The liabilities inherited with
each job offer include
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Employee theft
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Huge turnover rates
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Unqualified employees
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Negligent hiring practices and discrimination based lawsuits
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Violence in the workplace
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Each of these challenges has a distinct and overwhelming effect
on every business, within every market segment in every country
of the world.
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Quality hiring decisions build profitable and successful
companies, bad employees tear them down.
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All other problems aside, employee theft alone has been
described as an epidemic... a corporate cancer
a disease
murdering American enterprise. It has also been characterized
as the fastest growing segment of our economy.
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The estimates of the damage to the American public vary widely:
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The U.S. Department of Commerce has estimated $50 billion
dollars annually
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The Association of Certified Fraud Examiners claims it costs in
excess of $121
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billion dollars every year
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Florida State Universitys 2004 National Retail Security Survey
indicates that
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the percentage of a business
losses caused by employees is the highest it has been
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in its eight previous surveys!
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Perhaps the most shocking statistic claimed by the U.S. Small
Business
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Administration indicates that
between 30% and 40% of all business failures and
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bankruptcies are a direct result
of losses caused by employee theft and fraud.
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Losses that include fraud and embezzlement are obvious but did
you know that the loss of productivity can be even more damaging
to a company than theft and that this potential for loss can be
identified ahead of time?
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There is a cure for this cancer and I have the answer to this
question that bothers everyone who has the responsibility to
attract and find the very best (honest) employees.
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Understand first, that past performance is ALWAYS indicative of
future behavior. You must completely and accurately gather all
of the facts from a potential new-hire concerning previous work
history, performance, attitude, criminal involvement, etc.
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In 91% of the cases we investigated for employers, we found that
the identified employee was predisposed to causing loss and that
he or she had participated in acts that caused losses to
previous employers.
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But how do you make an informed decision when it has been PROVEN
that at least 35% of all job applicants will lie to you?
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TRAIN your hiring
managers and those who have the authority to make hiring
decisions.
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In every case in which we investigated a specific loss and were
able to identify the responsible employee, we determined that
the person who conducted the pre-employment interview, examined
the job application and checked references, was plainly duped;
lied to. They were fooled and they didnt have a clue. In
fact, not one hiring manager we surveyed had any sort of
education or training in making employment decisions!
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Would you like the power to separate fact from fiction and
consistently make quality-hiring decisions based on the truth?
Would you like to know the secret to convincing applicants to
tell you everything you need to know to make a great hiring
decision next time and every time?
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You must learn how to
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Develop honesty, as a theme, within the employment interviewing
process
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Ask integrity questions and
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Evaluate the applicants responses for truthfulness.
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As a professional, entrusted with the tremendous responsibility
of selecting new employees for your company, it is your duty to
do everything within your capacity and the law to ensure the
continued survival and bottom-line profitability of your
employer.
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You shape the future of your organization with the decisions you
make everyday. Perhaps there is no greater feeling to realize
that the hiring professional maintains this power and influence
over an organization. Therefore, it is your obligation to
select the very best applicants available. It is your duty to
find a training program designed to quickly and thoroughly
prepare you for this responsibility.
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Ultimately you will be judged by the quality of your employees,
if not by a supervisor then your customers. Undoubtedly, the
quality of your work will be reflected in the faces of the men
and women you have chosen to represent the organization to which
you belong
hopefully they will be men and women of integrity.
Check out our new manual Truth
or Consequences: Hiring for Integrity at
www.HiringProfessionals.com
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