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    More Productive Eliminated The Gender Pay Gap Helps Pay Costco

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    Here are some ethical considerations retailers should consider when implementing anti-theft measures: - Surveillance cameras and monitoring of employees raises privacy concerns. Cameras should only be in public areas and not private employee spaces like break rooms. - Loss prevention programs need clear guidelines and oversight to prevent unfair targeting or profiling of certain groups. All employees should be treated equally. - Disciplinary actions for theft should be reasonable and proportional to the offense. Termination should only be used for serious or repeat offenses after due process. - Employee satisfaction and fair treatment are important to reduce incentives for theft. Pay, benefits, and work conditions should be competitive and respect human dignity. - Inventory and cash handling systems should have appropriate controls

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    More Productive Eliminated The Gender Pay Gap Helps Pay Costco

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    sanzida akter
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    Here are some ethical considerations retailers should consider when implementing anti-theft measures: - Surveillance cameras and monitoring of employees raises privacy concerns. Cameras should only be in public areas and not private employee spaces like break rooms. - Loss prevention programs need clear guidelines and oversight to prevent unfair targeting or profiling of certain groups. All employees should be treated equally. - Disciplinary actions for theft should be reasonable and proportional to the offense. Termination should only be used for serious or repeat offenses after due process. - Employee satisfaction and fair treatment are important to reduce incentives for theft. Pay, benefits, and work conditions should be competitive and respect human dignity. - Inventory and cash handling systems should have appropriate controls

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    Here are some ethical considerations retailers should consider when implementing anti-theft measures: - Surveillance cameras and monitoring of employees raises privacy concerns. Cameras should only be in public areas and not private employee spaces like break rooms. - Loss prevention programs need clear guidelines and oversight to prevent unfair targeting or profiling of certain groups. All employees should be treated equally. - Disciplinary actions for theft should be reasonable and proportional to the offense. Termination should only be used for serious or repeat offenses after due process. - Employee satisfaction and fair treatment are important to reduce incentives for theft. Pay, benefits, and work conditions should be competitive and respect human dignity. - Inventory and cash handling systems should have appropriate controls

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    6 views2 pages

    More Productive Eliminated The Gender Pay Gap Helps Pay Costco

    Uploaded by

    sanzida akter
    Here are some ethical considerations retailers should consider when implementing anti-theft measures: - Surveillance cameras and monitoring of employees raises privacy concerns. Cameras should only be in public areas and not private employee spaces like break rooms. - Loss prevention programs need clear guidelines and oversight to prevent unfair targeting or profiling of certain groups. All employees should be treated equally. - Disciplinary actions for theft should be reasonable and proportional to the offense. Termination should only be used for serious or repeat offenses after due process. - Employee satisfaction and fair treatment are important to reduce incentives for theft. Pay, benefits, and work conditions should be competitive and respect human dignity. - Inventory and cash handling systems should have appropriate controls

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    of 2

    Retailers face a continuous challenge because of employee theft.

    From one European survey


    it is found that from every year annual sale retailers’ loss 7% because of Employee theft
    which is much more than shoplifters.

    1. An anti-theft policy for the retailers:


     Owner should set surveillance camera in every corner from where all activity of
    employees can be viewed. This can reduce shoplifter and employee theft both.
     Ensure that all in and outside retail theft cases are investigated and resolved in
    accordance with state administration and local laws. This will reduce employee theft
    because employees will have the fear of getting caught red handed.
     Cashier Staking is one of the common thefts by employees. It is a Simple method.
    Which is tracking how much money they need to remove from the drawer before the
    end of the day and how they do is with simple coins. This can be prevented by a good
    point of sale system, properly trained management, and properly trained owner can
    spot employee theft.
     Ensure that all in and outside retail theft cases are investigated and resolved in
    accordance with state administration and local laws. This will reduce employee theft
    because employees will have the fear of getting caught red handed.
     Institute modern inventory management and Point of sale-POS software to make it
    monitoring easy for cashier. POS system that will pull reports for every day. These
    reports will make it easy for the owner to notice like if the cash register has been
    consistently down a few dollars.
     If owner can keep employees happy this will reduce the employee theft. This will
    keep employees more productive and less likely to steal. One of the best way to keep
    employees satisfied is fair wages.
     Keep your employees happy: Happy employees are just better for a business. They’re more
    productive and less likely to steal from you. The retail industry as a whole has not been the
    best about seeing to it that their employees are happy, but both Starbucks and Costco stand
    out. Starbucks, for instance, has eliminated the gender pay gap at their US stores and helps
    pay for their employees’ college educations. Costco starts their employees at $11.50 an hour
    and hires almost exclusively from within. As a small business, you owe it to your employees
    to provide fair pay (even if you cannot provide Costco-level pay) and to do what you can to
    provide them with a happy work environment.
     To build co-ordination and proper partnerships with store management to implement LP
    (loss prevention) programs.

    https://www.yourarticlelibrary.com/retailing/retail-thefts-3-important-types-of-retail-theft-with-
    diagram/48262
    What ethical considerations do retailers need to consider in implementing the anti-theft measures
    described in the case?

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