04 June - Labour,Chronic theft in the workplace

In today’s show, we spoke about chronic theft in the workplace and how it could be overcome with Roger Brown - An attorney from Labour Protect. It is said that the current international and South African climate is causing a large number of companies to experience severe financial difficulties. Customer orders are waning, budgets are being cut, profits are dwindling, cash flows are tightening and it is becoming increasingly difficult to pay creditors and staff salaries. In addition to the international economic downturn, crime is having a seriously detrimental effect on the finances of employers. According to experts, Theft of company stock and equipment costs employers many millions in losses every year which leads to local and international companies’ reluctance to risk labour-intensive investment in a country where theft-related losses are so high and where violent crime is out of control. Mr. Brown explained more about the seriousness of this issue.