In another twist involving the public protector’s office‚ the Minister of Co-operative Governance an.
The number of employees involved in incidents of internal fraud, theft and industrial espionage is on the rise, with an estimated 80 percent taking from their companies in one way or another.
This, along with the approach of the festive season, makes the need for sound pro-active security measures critical, says a leading security expert, adding that before company owners and senior management go on leave, they must ensure that they have implemented systems to counter rising crime levels that are affecting company profit and productivity.
According to Jenny Reid, managing director of Griffiths Reid, South Africa's oldest and largest corporate security management company, results of a recent in-house survey show that more than 80 percent of employees have no feelings of remorse about helping themselves to company goods of one sort or another.
"They often refer to their spoils as 'bonuses', taking anything they can lay their hands on, from pens and staplers to computers and laptops."
The problem does not go away in January because many people overspend in December and are unable to meet monthly expenses at the beginning of the year, she explains.
Reid says this crime trend is supported by a huge black market for computers, boardroom and office equipment.
"People just have to take a drive into Hillbrow or Braamfontein to find an outlet for their stolen goods," she says.
She says that 16 percent of job applicants have criminal records while 17 percent have bad credit records and, on average, 25 percent of South African job applicants make claims to qualifications that are fraudulent.
Reid urges that if senior management has not instituted counter measures prior to going on holiday they should so so immediately on their return inext year.
And be sure Reid says, to lock away anything of value.