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You may sue your business partner for breach of fiduciary duty if you know he's been stealing money from your business accounts. A fiduciary relationship requires a person to act in the other person's best interests on matters within the scope of the relationship.
Can I terminate an employee for stealing? Stealing is considered serious misconduct and is grounds for dismissal without notice. However, it is essential to consider how serious the theft was.
The Next Steps: How to Handle Employee TheftEnsure the employee no longer has physical, electronic access, or financial access.Investigate the theft and the employee to determine the extent of the damage.Follow your company's disciplinary process.Report the employee's theft to the police and your insurance company.More items...
Letter of termination of employment (with notice) The information you need to fill in includes: the steps you've taken to counsel the employee about their performance/conduct. the reasons for the termination of the employment. the length of the notice period (or amount of payment in lieu of that notice period), and.
How to write a termination letterStart with the date.Address the employee.Make a formal statement of termination.Specify the date of termination.Include the reasons for termination.Explain the settlement details.Request them to return the company property.Remind them of the binding agreements.More items...?
The company you stole from could charge you with gross misconduct and has grounds to fire you immediately. Or you could face suspension, without pay, while the company conducts an investigation, in which case you could still be terminated or face a major demotion or transfer.
The termination letter for theft format should be formal and straight to the point and include the date of the offense and the specifics of the offense. Notifying the employee of existing proof will help prevent a legal battle based on wrongful termination charges.
Edward Harold of Fisher & Phillips LLP, a national labor-law practice, says that unless a company has conclusive evidence of theft, it should make no direct accusation and not even use words such as "theft" or "stealing." Terminating the employee this way -- rather than firing him for wrongdoing -- may allow the worker
No. Maine does not have a law requiring employers to terminate employees in person. An employer may terminate an employee by phone, letter, email, or any reasonable means of communication.