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Employees are one of the greatest assets within an organization. The FTC states that being a victim of Identity theft costs on average $4,800 and takes 330 hours for an identity theft victim to re-gain pre-theft status. Being a victim of identity theft affects employees at home and at work. When and employee falls victim to identity theft, they are working with the merchants during business hours to remediate, preventing them from being 100% present and focused on their job during work hours.
Identity Theft Protection as an employee benefit can be offered as a voluntary or employer sponsored program and will help accomplish the following:
- Increase workplace productivity
- Decreases presenteeism
- Provide peace of mind
- Return on Investment
- Decrease costs for both the organization and the employee