building successful employee relationships: a cornerstone to fraud prevention & risk management
TRANSCRIPT
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Building SuccessfulEmployee
RelationshipsA Cornerstone to Fraud Prevention
and Risk Management
![Page 3: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/3.jpg)
Building SuccessfulEmployee
RelationshipsA Cornerstone to Fraud Prevention
and Risk Management
![Page 4: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/4.jpg)
Building SuccessfulEmployee
RelationshipsA Cornerstone to Fraud Prevention
and Risk Management
![Page 5: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/5.jpg)
Building SuccessfulEmployee
RelationshipsA Cornerstone to Fraud Prevention
and Risk Management
![Page 6: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/6.jpg)
IntroductionsDavid Hammarberg
• Principal• Leader of Forensic Examination
Services• Certified Fraud Examiner• [email protected]
Sam BowerCraft• Senior Manager• M.S. Information Systems• Certified Information Systems
Auditor• [email protected]
Eric Stark• Cipriani & Werner PC• Esquire• Partner• [email protected]
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Objectives• Increase the understanding of the risks associated with the hiring
and retention of employees related to:• Employment law• Fraud and operations
• Gain a better understanding of new legal requirements and guidance related to the hiring process.
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Common Organizational StructureThe employee/employer relationship is a foundation for a successful business.• This relationship is managed by both parties – employee and
employer.• It starts with the Hiring Process.• It continues with the Managing Current Employees process.• The greater the company investment in the relationship, the
greater the return.
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Common Organizational StructureA company’s employment and management processes set expectations for the relationship.• Environment• Culture• Acceptable and unacceptable behavior.
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Risks to Avoid - Ineffective (Bad) Hiring Practices Lead to:• The wrong employee in the position.• Bad employees
(bad fit for role / company / fraud).• Bottom line impact due to cost of replacement.• Organizational discontent.• Allegation of Discrimination in the Hiring Process• Costly Litigation
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Processes to Mitigate These RisksHiring Practices 101: Do these things.• Draft/Review Job Descriptions• Conduct a Post-offer, pre-employment physical examination• Consult Experts When Necessary
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Processes to Mitigate These RisksBeware these things.• Illegal Advertising/Interviewing Practices• Americans with Disabilities Act (ADA) Overlay• Background Check Legal Issues
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Management Practices 101Do These Things• Draft and Update Company Handbook• Apply Existing Policy Consistently• Ensure Adequate Documentation Exists
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Management Practices 101Beware These Things• Unemployment Compensation Eligibility• Wrongful Termination • Discrimination in the Disciplinary Process
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Benefits to Implementing These Processes• Proper employee hiring (right person, integrity)• Better employee retention• Lower risk of fraud or operational issues.• Reduced risk of employee loss / termination risk.• Legal Compliance
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Questions?David Hammarberg
• Principal• Leader of Forensic Examination
Services• Certified Fraud Examiner• [email protected]
Sam BowerCraft• Senior Manager• M.S. Information Systems• Certified Information Systems
Auditor• [email protected]
Eric Stark• Cipriani & Werner PC• Esquire• Partner• [email protected]
![Page 17: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/17.jpg)
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Questions?David Hammarberg
• Principal• Leader of Forensic Examination
Services• Certified Fraud Examiner• [email protected]
Sam BowerCraft• Senior Manager• M.S. Information Systems• Certified Information Systems
Auditor• [email protected]
Eric Stark• Cipriani & Werner PC• Esquire• Partner• [email protected]
![Page 19: Building Successful Employee Relationships: A Cornerstone to Fraud Prevention & Risk Management](https://reader036.vdocument.in/reader036/viewer/2022070515/58775aa11a28ab4e4f8b52e1/html5/thumbnails/19.jpg)
Building SuccessfulEmployee
RelationshipsA Cornerstone to Fraud Prevention
and Risk Management