November 2019
Expanding the Definition of “Employee”
By Agnes Gawecki
The definition of “employee” under Employee Theft Coverage is crucial in determining whether benefits will be paid in the event of property theft. Employee Theft addresses various types of employees, though its noteworthy to point out owners and partners are excluded from the coverage. Employee Theft insurance relies on a specific definition...
Workplace Bias
Sometimes it’s hard to be a woman . . .
Tammy Wynette
Women in the workplace walk a tightrope between being perceived as too bossy or too weak. The same behaviors are labeled differently for male leaders and female leaders. A male leader who shouts, speaks over others, and ignores opposing viewpoints may command respect....
Choose Wisely
Handle them carefully, for words have more power than atom bombs.
Pearl Strachan Hurd
-British Politician (1930s)
Appearances, behavior, tone of voice, and even words make an impression. Words can convey both confidence and insecurity. A recent New York Times op-ed by Molly Worthen, a history professor, discusses the tendency, especially among women, to use...
Tax Identity Theft Awareness Week
January 27, 2020 is a big day. It’s National Chocolate Cake Day, Bubble Wrap Appreciation Day, and the ever popular Tax Identity Theft Awareness Day. The IRS has observed Tax Identity Theft Awareness Day since 2014 in an effort to bring awareness to an ever-increasing problem. So, while you’re celebrating with a slice of cake...
Advanced Inventory Concepts
A company files a claim contending a warehouse manager stole $450,000.00 in inventory. The manager, a long-time employee, was trusted with keys and alarm codes. He was able to enter the warehouse after hours and remove pallets of product. The company contends the theft occurred over a 12-year period.
When confronted with an inventory loss...
Is it Fraud? 4 Reasons for Inventory Loss Claims
When a business files an inventory loss claim, we often jump to the conclusion fraud is the cause of the loss. But fraud it isn’t always the reason behind the missing items.
Several variables make it difficult to measure inventory accurately: complex production processes, varied accounting methods, and the sheer volume of items. As a...