5 Tricks to Reduce Internal Theft in Jewelry Stores

5 Tricks for jewelers to Reduce the Risk of Internal Theft

5 Tricks to Reduce Internal Theft in Jewelry Stores

1. Review Employee Training

Ensure all employees are well-trained. Since jewelry is valuable and small, it can be tempting to steal. Make sure employees can’t:

  • Manipulate ticket prices
  • Steal through fake returns or gift cards
  • Hack systems or take cash using fake invoices
  • Steal items unnoticed

2. Stay Alert

Regularly check on employees who handle jewelry, financial transactions, or use store systems. Let them know their work is being monitored to discourage theft.

3. Daily Sales Checks

Review your sales daily and use machine pricing for jewelry, rather than manual pricing. Only let authorized employees handle pricing to avoid intentional under-pricing.

4. Show Employees They Are Valued

Employees who feel undervalued or underpaid might be tempted to steal. Create a positive work environment and pay fair wages to reduce this risk.

5. Change Work Schedules Regularly

Rotate staff schedules so the same people don’t always work together. This can prevent employees from teaming up to steal and makes it easier to spot suspicious behavior.

Leave a Reply

Your email address will not be published. Required fields are marked *