In a recent BLR article, we discussed the idea of occupational fraud, which is a type of fraud committed by employees against employers. Occupational fraud causes billions of dollars of losses for US employers each year.
Now let’s take a look at some of the ways employers can combat occupational fraud. From an HR standpoint, occupational fraud is something that hits home both directly and indirectly. It hits directly because it calls into question hiring processes that in theory (but perhaps not in reality) could have flushed out a fraudster before they joined.
