Staff crime is a significant risk to small businesses
More than a third (36 percent) of private enterprises, many of whom were insured, experienced employees in the theft from an average of nearly $ 350000 in the past five years, after research Chubb Group of Insurance Companies. And other companies are now faced with a situation similar to execute plans for downsizing and budget cuts - actions that tend to motivate employees to steal.
“It is the perfect storm,” said Gregory Bangs, director of unity in crime Chubb Group of Companies. “Despite Corporate America’s emphasis on ethics of corporate culture, employees continue to flow crime funds the company for an average of six per cent per annum. Compounding the fact that many more employees can steal from their employers, because many private companies to take measures, generally destabilize the staff. ”
According to the 2005 Chubb Private Company Risk Survey, 31 percent of large companies seeking to outsource functions or operations, 21% plan to reduce their numbers, and 20 percent plan to reduce or eliminate certain benefits to workers this year .
“Large companies may, for the financial shocks of the crime of workers’ representatives, but small businesses can be financial disaster. Stupéfiant, our research shows that over two-thirds by private insurance companies do not buy crime , “Said Bangs.” Whatever their size, strong risk management and ethics programs can help companies reduce the potential of the economy of crime and insurance can help them resume a part of losses.
“The guide is a good starting point for all businesses, especially small businesses, perhaps no access to such know-how
Related Articles
The national poverty rate decreases
Washington - Five years in a national economic recovery, the share of Americans living in poverty, subsequently dropped. The nation was the poverty rate from 12.3 per cent in 2006, against 12.6 percent the previous year, the Census Bureau reported Tuesday. The median household income rose slightly, up to $ 48200th The
Care to try again to limit the forensic evidence
2001 Resolution of the Legislative Session, industry and home care had two main objectives: improving the refund for the care of patients and Medicaid reform offence. He succeeded in the first (see sidebar, page 21) and collapsed in the second. This year, an unlawful act of reform - also known as the
BancorpSouth 1ST Up 4.7 percent
BancorpSouth of Tupelo, Miss, said Monday net earnings for the first quarter reached $ 35.1 million, an increase of 4.7 per cent of $ 33.6 million the same quarter last year. Der Nettogewinn pro verwässerte Aktie erreichte 43 Cent a 2.4 Prozent im 42 Cent Vorjahresquartal. "BancorpSouth well for the first quarter
Your taxes, health insurance benefits extended
Among the last minutes moves this week, the Congress of the six-month extension of a dozen tax was due at the end of this year, among which one can expect to benefit professionals, small business owners and the poor. For lawyers, photographers, candy store operators and other business owners without legal
Critical to savings during recent offerings mounts, as buyers have little money at risk
Despite all the fanfare of the President of the Confederation of regulatory authorities in the economies of recent bailouts diseased organs, the mounting evidence that, just papering over the serious problems plaguing the industry. Despite all the fanfare of the President of the Confederation of regulatory authorities in the economies of
State Farm Mutual Automobile Insurance Co.
Drivers written more than $ 80 million in premiums from Arkansas than any other company Two State Farm insurance companies - State Farm Mutual Automobile Insurance Co. and State Farm Fire and Casualty Co. -- Wrote nearly $ 290 million in premiums in 1993 in Arkansas. It was almost 80 million more
Noncompetition Covenants in the courts
Open-ended geographical scope of the obligation not to compete, regarding the possible transfer of businesses, unworkable. HRR Arkansas, Inc. v. River City Contractors, Inc., 2002 WL 31390522 (Ark., Oct 24, 2002). HRR Arkansas, Inc (HRR) is an agency exclusively in possession of Eric Tucker, who is in the action of the
Auto insurance prices fall first since 1973.
Betankt by a severe drop in automotive mortality and the number of drivers alcohol caused fatal accidents, auto insurance prices edge down as part of the first significant drop in premium rates for private car since 1973. The phenomenon plays in the nation, after the insurance industry funded by the Information
Monitoring of complaints, maybe an impact on your customers
The industry is responsible for diminution of value (DV) disputes and disputes on Crash generic parts, in the end - even if it may be subtle - design the future of the repair industry collision. His awareness of this dispute may cover you and your customers at the end. Your
The summary, Jersey angry Bush Rally, Clinton Assails
Angered by a crowd of supporters jeering Dir Bill Clinton, President Bush today, they have a speech claiming to unveil a new auto insurance plan for the first time accused his Democratic opponent directly on the project to circumvent them. It was unclear whether Mr. Bush was deliberately trying to blame