A Step-By-Step Guide To Terminating Employees For Theft

A 2016 University of Florida Study found that the percentage of shrink caused by employee theft was "only" 30 percent.

This accounts for approximately $15 billion in losses on an annual basis. Catching an employee stealing would seem an unassailable reason for termination. But many individuals, even guilty ones, feel compelled to try to clear their name through litigation.

If you or your managers were to make innocent mistakes during what should be a legitimate termination, you could find yourself facing a lawsuit. Worse, you could learn that your mistakes gave the lawsuit legs because it opened you up to exposure to an individual who stole from your company.

The Investigation