How much does it cost? You may think that taking a few Post-It® Notes for personal use or arriving to work a few minutes late doesn’t matter. Create a spreadsheet in Microsoft® Excel. Complete
the following calculations to see how much employee theft costs a
fictitious company of 30 employees over the course of one week. Over the
course of a year? Does this change your opinion? (Learning Objective 4)
the following calculations to see how much employee theft costs a
fictitious company of 30 employees over the course of one week. Over the
course of a year? Does this change your opinion? (Learning Objective 4)
- Three workers each take home two packs of Post-It® Notes, at a cost of $.67 per pack.
- Three workers arrive at work 15 minutes late, at a cost of $11/hour.
- Four workers take an extra half-hour for lunch, at a cost of $14/hour.
- Three employees play computer games for a total of 4 hours each, at a cost of $10/hour.
- One employee sends three personal packages at the company’s expense, at a cost of $7, $4.50, and $12.
- One worker makes 300 personal copies on the company photocopier, at a cost of $.05/copy.
- Three workers call in sick for one 8-hour day when they are healthy, at a cost of $10/hour.
- Ten workers send three personal emails each, which take a total of 7 hours, at a cost of $10/hour.