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Homework answers / question archive / Estimates indicate company losses due to employee dishonesty to be nearly $50 billion per year in the United States1

Estimates indicate company losses due to employee dishonesty to be nearly $50 billion per year in the United States1

Management

Estimates indicate company losses due to employee dishonesty to be nearly $50 billion per year in the United States1. Moreover, employee theft, abuse, and embezzlement are estimated to account for 30% of all business failures2.  In response to these alarming figures, many organizations are now utilizing honesty and integrity tests as a screening mechanism during the selection process in the hopes of weeding out high risk applicants.  These tests aim to uncover job applicants who may have a propensity to steal, or otherwise engage in counterproductive behavior such as sabotage, cyberloafing, excessive absenteeism, etc.  Please answer the following questions as they relate to this topic (note: I encourage you to do some independent research through the web or through our library if you are largely unfamiliar with these tests):

First, in your view, how do you define integrity?  Second, do you feel integrity is part of our personality or is it influenced by our environment?  Third, can you really test an applicant for integrity or can they merely lie their way through it (aka "faking")?  Lastly, is there any downside to having employees who are high on integrity?

References:

https://www.embroker.com/blog/employee-theft-statistics/
https://www.forbes.com/sites/ivywalker/2018/12/28/your-employees-are-probably-stealing-from-you-here-are-five-ways-to-put-an-end-to-it/?sh=1a843b9d3386

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