The issue of employee theft isn't an easy task to manage — and the problem is only exacerbated with the onboarding of seasonal employees. (Photo: Shutterstock) The issue of employee theft isn't an easy task to manage — and the problem is only exacerbated with the onboarding of seasonal employees. (Photo: Shutterstock)

The holiday season has come and gone with the start of the new year, but many businesses may be wishing for a redo. In hindsight, some have realized they didn't employ the best hiring practices with their seasonal workers.

In a race to avoid being understaffed during the holiday season, businesses employ seasonal workers to help with the influx of shoppers. But the rush to hire comes at a time when employee theft is on the rise. According to the National Retail Federation, losses from employee theft are now equal to those from shoplifting (33.2% of inventory shrinkage comes from internal theft versus 35.7% from external theft/shoplifting).

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].