It's a new year, and companies are thinking about how they are going to grow their businesses in the months to come. However, it's also important to have an action plan for other issues that arise internally, which can increase costs and eat away at profits. You may think Private Investigators are only for finding cheating spouses, but did you know that many are also specialists in the field of corporate investigations as well? Having a Private Investigation firm on your side can ultimately provide big benefits to your company and your bottom line.
Corporate investigations can help to detect instances of employee theft or dishonesty. This can range from finding out about someone stealing from the registers at a business to someone using the internet to funnel money. Even cases of illegal workers' compensation claims, leaking trade secrets and aiding competitors can be unearthed by a private detective firm with a background in corporate matters, including investigations by forensic accounting and insurance fraud specialists.
From Hiring to Firing
Investigation experts can provide your company with exhaustive data before hiring someone for a position dealing with money or sensitive information. They can also help you to find out if there are any valid reasons why a current employee should be terminated.
You might not realize this, but hiring a private investigator can save your company time and money. By not having to do the investigation yourself, you can focus on building your business. This can boost your profit margin and give you the chance to work on projects that are important to you instead of conducting background checks and time consuming internal investigations yourself.
Costs You Might Not Realize Are Important
Did you know that it costs six to nine months of a position's annual salary to recruit and train an employee? By hiring a private investigation firm to handle pre-employment screenings, you can ensure that this isn't money that is wasted.
Retaining your current workforce is probably a top concern, since you don't want to have to pay for the recruiting and training of a new employee unnessecarily. Using private investigators to look into work-related issues, such as employee complaints, allegations, or oddities that can creep up, can ensure that you are taking appropriate action with the correct employees.
You don't need to fire an employee because you think that the employee is stealing from the company only to find out later that you didn't get rid of the actual thief. Hiring a private investigator can help you to avoid these types of situations.
Asset Protection Is the Ultimate Goal
The tie that binds all of these situations together is that you must protect your company's bottom line and assets. Taking a step back from investigations takes some of the bias out of them so that you can have an expert get to the bottom of these matters objectively and let you know what is really going on. Don't delay, contact us for more information on how Saavedra & Associates can quickly and discreetly assist your company with internal issues and help you save money today.