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).
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
