Criminology Report- the increasing problem of employee theft Essay

Criminology Report- the increasing problem of employee theft - Essay Example However, surveys have shown that in such set ups the employees may tend to take advantage of the situation to defraud the business. Employee ethics is supposed to play an important role in this case where the employees are supposed to take care of the enterprise on behalf of the employer (Riley, Wells & Kranacher, 2010). Various studies have addressed factors such as workplace culture where in a given company, employees are used to stealing, economic need which is seen as the major reason why employees engage in the act. In various case, employees who are underpaid will tend to improvise a way that they can use to get the extra coins needed to sustain their living. This is often done by stealing from the business. Personal predisposition is also seen as a major reason why employees are involved in such cases (Schrager, 2014). In cases where the employee feels that the employment relations are not fair, the employee often tend to cover that up by engaging in such felonies such as stealing. This will give him/her temporary contention regardless of the damage that the act may cause to the business. This report on employee theft will be written in reference to the British Retail Consortium Retail Crime Survey 2013. According to the survey, the direct cost of retail crime was  £511 million in 2012/2013. The recorded results were lower than what had been recorded in 2011/2013. However, there is an acute rise in the cases of employee theft looking at the values in 2007/2008. In fact, the cost in 2012/2013 is 166% of the value recorded in 2007/2008. The offences reported in the retail industry were 766, 227. This being just a small percentage of the total number of cases supposed to be about 2.7 million. This is a huge value which shows how serious the offense is and calling for immediate measures to curb it as the economic pressure continues to predispose the employees