After reading this week’s material, answer the following questions in the Forum:
– What is an aware employee?
– How does an aware employee affect loss prevention?
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Who is an Aware Employee?
One significant component of preventing retail loss from external theft is the gaining of support of employees in the organization’s strategy of loss prevention. Management gains employees’ support through employee’s awareness. The organization’s administration should be able to create a knowledgeable workforce, which can understand, comply and execute the loss prevention….
How Does an Aware Employee Affect Loss Prevention?
An aware employee is one who understands the consequences of external theft to themselves and the company as a whole. Aware employees are more likely to be motivated to do whatever is in their power to prevent external theft. Employees that are aware of what is happening on the sales floor can be a significant asset towards external theft prevention (Talglobal.com, 2017). Shoplifters do not like …
Aware employees know that every unit in the store is vital in making a profit. They will, therefore, protect each merchandise from damage or theft. The employees know that by protecting the merchandise, it will affect the company’s profitability and also their benefits as well. Other tactics that an aware employee may employ to reduce external theft is to keep high-value products…
References
Talglobal.com. (2017, October 31). Retail loss prevention – the importance of employee awareness. Retrieved https://talglobal.com/knowledge-center/retail-loss-prevention-importance-employee-awareness/
Youngblood, J. (2016). Business theft and fraud: Detection and prevention. Boca Raton: CRC Press
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