Dan's podcast

Dan Cosgrove talks about the increase in employee theft during the holidays, and what restaurants and other service-dependent businesses can do to make sure it doesn’t rob them of their profits.

A licensed Private Investigator, Dan has conducted Integrity Surveys over the past two decades, to identify employee theft in restaurants, bars and other retail establishments and to help owners develop effective loss prevention programs. If we just look at the restaurant industry, employee theft in that industry alone consumes billions of dollars of profits annually; estimates are that it represents up to 4 percent of sales.

Dan estimates that he has personally observed over 3,000 instances of employee theft!
These observations have helped him to come up with tips that every restaurant, bar or service-dependent business can and should use to protect their business.

Dan discusses why workplace theft increases during the holidays, and what owners can do to minimize it. This is what you will learn:

• Why employee theft is a fact of life throughout the year
• How poor hiring and training practices can contribute to a rise in holiday employee theft
• Why relying on honest employees to report theft is a bad idea
• How to easily spot some of the most frequent forms of employee theft
• What actions owners should take to minimize theft—and why
• How a professional mystery shopping/integrity survey firm can help pinpoint problems and develop effective theft prevention practices.