SMALL TALK FRAUD TRAINING AND DEVELOPMENT BEST EMPLOYERS Singapore – More companies in Singapore are falling victims to fraud cases committed by their own employees while HR fights over the same job candidates who are causing bidding wars.
Based on the findings of KPMG’s Singapore Fraud Survey 2011, employees were responsible for 47% of fraud cases committed over the past three years. This is followed by those carried out by customers and vendors, with 36%.
Furthermore, it was revealed that senior management were responsible for 17% of those cases, resulting in a huge worry for companies. “These individuals set the ethical tone for the organisation and are in the position to do the greatest harm,” Bob Yap, head of forensics at KPMG Singapore, said.
Small Talk discusses the most common reasons behind fraud cases, as well as what companies can do to prevent getting duped. Sabrina Zolkifi and Lee Xieli also talk about how HR can better manage candidates with multiple job offers.
While receiving several job offers may be good for the candidates, it can pose bigger problems for HR.
“It’s the risk that the time and effort put into recruiting someone over a long period of interviews and assessments may be wasted,” George McFerran, head of Asia Pacific for eFinancialCareers, said.
Small Talk offers quick advice on what HR can do, and also reveals bizarre jobs from the past that you would not believe existed.
It also seems like local managers are reluctant to send their staff for training opportunities. The Workforce Development Agency launched the Service Literacy Test for front-line staff, but some are deeming it unnecessary.
Jimmy Ng, operations manager for Ya Kun International, said as long as his staff can “speak basic English and can do cashiering”, that was enough for the company.
Also, find out more about this week’s top story on the best employers to work for in the Asia Pacific region.
Watch the full episode here: http://theofficesnitch.wordpress.com/2011/07/04/smal-talk-your-employees-could-be-committing-fraud
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