CIPD People Management report that businesses in the private sector are collectively losing a total of £144bn a year through fraud, with £12bn being lost through payroll fraud. The findings form part of the Annual Fraud Indicator 2016, conducted by the UK Fraud Costs Measurement Committee. The article is quoted as saying that payroll fraud goes on quite regularly in businesses without them knowing about it, with examples being adding on a few miles onto an expenses claim (low level) or having ‘ghost’ employees on the payroll who don’t actually work for the company (high level). The article highlights that HR departments have a “pivotal” role to play in combating fraud, including vetting and checking prospective employees have not been involved in fraud before.
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The aim is to provide summary information and comment on the subject areas covered. In particular, where employment tribunal and appellate court cases are reported, the information does not set out full details of all the facts, the legal arguments presented by the parties and the judgments made in every aspect of the case. Click on the links provided to access full details. If no link is provided contact us for further information. Employment law is subject to constant change either by statute or by interpretation by the courts. While every care has been taken in compiling this information, SM&B cannot be held responsible for any errors or omissions. Specialist legal advice must be taken on any legal issues that may arise before embarking upon any formal course of action.
This provides summary information and comment on the subject areas covered. Where employment tribunal and appellate court cases are reported, the information does not set out all of the facts, the legal arguments presented and the judgments made in every aspect of the case. Employment law is subject to constant change either by statute or by interpretation by the courts. While every care has been taken in compiling this information, we cannot be held responsible for any errors or omissions. Specialist legal advice must be taken on any legal issues that may arise before embarking upon any formal course of action.