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preventing payroll fraud

The 3 most common types of Employee Payroll Fraud: How can you prevent them?

By Finance, Natural HR, News, Payroll

Employee payroll fraud is one of the most common types of workplace fraud you can encounter and will generally be committed by an employee attempting to receive any money they are not entitled to. If you were looking to define it, you would say that it’s the theft of funds from a business via its payroll processing system. In 2021 any type of fraud – but especially payroll fraud – can be costly to your business, with payroll fraud costing UK companies around £12 billion per year! This article will answer two questions. Firstly, what are the three most common…

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