HR leaders need to keep a close eye on employee spending
Saskatchewan Telecommunications (SaskTel) terminated an employee in March after reportedly using the company's credit card for personal spending.
The employee reportedly spent a total of $18,558.30 from November 2021 to February 2022, according to a losses report from the Crown Investments Corporation (CIC) of Saskatchewan, with the worker failing to repay the said outstanding amount.
Corporate Security launched an investigation against the employee following the incident, but the subject refused to meet with authorities when asked to explain the charges on March 1.
The day after, the employee was "terminated with cause."
As a result, SaskTel withheld the employee's final wages - which amounted to $3,633.99 - and has since reported the matter to the police.
"SaskTel will review and pursue litigation options as necessary," read the report.
Following the incident, SaskTel said it implemented corrective measures to prevent similar incidents in the future.
This includes sending communication to an employee's direct manager if the employee's corporate credit card expenses are not submitted within seven days of its statement date.
In addition, failing to submit corporate visa expenses within two weeks of the credit card statement date will "result in the credit card being temporarily locked until expenses are submitted and approved by employee's direct manager."
