How many different pieces of equipment are used by your business every day? We don’t just mean things like screwdrivers and wrenches—what about laptops? Handheld scanners? Specialized instruments?
No matter how many safeguards you put in place, some of your business equipment will inevitably be damaged. It might be due to an employee’s honest mistake, because they ignored instructions, or it could even be the result of a malicious act, but damage is going to happen. This makes a company equipment damage policy an important tool for protecting your organization’s finances and maintaining productivity.
In this blog post we'll talk about the top 10 must-have elements you need in your company equipment damage policy:
Every business eventually has to deal with theft. You shouldn’t feel overwhelmed about this, though; it’s a manageable problem.
As we all know, theft and asset loss are an unfortunate part of running a business. According to recent studies, 25% of employees have lost important assets relating to their job, and shoplifting combined with Employee Fraud and Theft cost retailers nearly $50 billion last year. While there are many tools to mitigate this loss, human error will always be present among even the most careful employees.