Detecting and Preventing Payroll Fraud
Payroll fraud is something that is very dangerous for companies and it is important that business leaders are working to detect and prevent it from occurring. The most common form of payroll fraud is when an employee gains access to funds that they are not entitled to.
For salary employees, this could mean adding an additional, fake employee to the payroll and collecting their wages. Hourly employees may commit payroll fraud by altering the hours that they work or by signing in or out of work at inappropriate times.
Detecting Payroll Fraud
Luckily, payroll fraud is fairly uncommon, but it is still important for businesses to understand the best methods of detecting it. Leaders should look for signs that
Payroll fraud is something that is very dangerous for companies and it is important that business leaders are working to detect and prevent it from occurring. The most common form of payroll fraud is when an employee gains access to funds that they are not entitled to.
For salary employees, this could mean adding an additional, fake employee to the payroll and collecting their wages. Hourly employees may commit payroll fraud by altering the hours that they work or by signing in or out of work at inappropriate times.
Detecting Payroll Fraud
Luckily, payroll fraud is fairly uncommon, but it is still important for businesses to understand the best methods of detecting it. Leaders should look for signs that