Recently, James Mwangi of Equity took on some drastic measures after realizing the usual thiefing employees were about to bring down his baby.
The bank was literally losing money. At the time he got critisized by the usually thiefs
Lakini hakuchoka, he went ahead to fire everoyne who was double dealing the bank
Look at that now. In just a few short months, he has turned the bank around, raising profits by nearly 30%.
Various studies have shown that employeee fraud has a nearly 30% impact on company profitability.
Companies are starting to take it seriously
Elders, if you are running a company, and are wondering how to turn things around. Invest seriosly in employee monitoring, and fraud detection policies and technology. You will undoubtedly see a 30% employee. usually it’s often just a few bad seeds, 1% to 10% of the total employee count that is robbing you blind