NCJ Number
14268
Journal
Psychology Today Volume: 5 Issue: 1 Dated: (JUNE 1971) Pages: 22,24,26,64
Date Published
1971
Length
4 pages
Annotation
THE COST OF AN EFFECTIVE SECURITY SYSTEM, PLUS THE COST OF ACHIEVING EQUIVALANT EMPLOYEE STABILITY BY INCREASING PAY OR JOB QUALITY, MAY BE GREATER THAN THE LOSS OF MERCHANDISE DUE TO EMPLOYEE THEFT.
Abstract
THE AUTHOR'S THESIS IS THAT THEFT SERVES AS A SAFETY VALVE FOR EMPLOYEE FRUSTRATION. IT PERMITS MANAGEMENT TO AVOID THE RESPONSIBILITY AND THE COST OF JOB ENRICHMENT OR SALARY INCREASES AT A RELATIVELY LOW AMOUNT OF MONEY PER MAN. THIS IS PRACTICABLE BECAUSE THE AUTHOR ESTIMATES THAT SEVENTY-FIVE PERCENT OF ALL EMPLOYEES ENGAGE IN EMPLOYEE THEFT TO THE EXTENT OF AN AVERAGE TAKE OF THREE HUNDRED DOLLARS A YEAR. A CASE HISTORY OF A PORT AUTHORITY'S PROBLEMS WITH TOLL-TAKERS' THEFT ILLUSTRATES THE AUTHOR'S POINT.