This Podcast Is Episode Number 0184 And It Will Be About Unique Tips To Avoid Bookkeepers Who Will Destroy Your Construction Company This podcast was recorded in late September 2016 in response to a trend we see all across the USA including Alaska and Hawaii. It is likely happening everywhere in the world. When the world economy collapsed beginning in 2008, a lot of companies went out of business, and one of the hardest hit sectors was construction. Thousands of bookkeepers were suddenly out of a job, and many of them began to freelance taking on a few clients in order to pay rent and keep food on the table. As the economy continues to improve a lot of them are finding jobs with contractors like you because of the security that comes with having a stable income. The problem is they have been accustomed to having lots of free time during office hours to chat on their cell phones, surf the web, spend time on Facebook and other social media sites; not buckling down and getting work done, right and on time. In addition, most of them have not kept up with the advances in Construction Accounting Technology let alone keeping the construction bookkeeping skills updated. What happens when he or she realizes they were earning $30 an hour as a freelance bookkeeper and now they are slaving away in your cramped office with no snacks, beverages, using outdated hardware and software for $10 an hour? Psychologists refer to it as mental stress or "Cognitive Dissonance" or "Mental Noise" or "The Chattering Monkeys of the Mind." Leon Festinger's theory of cognitive dissonance focuses on how humans strive for internal consistency. An individual who experiences inconsistency (dissonance) tends to become psychologically uncomfortable and is motivated to try to reduce this dissonance—as well as actively avoid situations and information likely to increase it.[1] Perception Is Reality Freelance bookkeepers average approximately 4 hours of paid work a day. In their minds, they are worth $30 an hour, and you are ripping them off by paying them 1/3 of what they perceive are worth.This thinking begins to consume them, and in since most bookkeepers have a Driver Personality it means they are confronted with the primal fear of all Driver Personalities “You Are Taking Advantage Of Me And I Am Going To Get Even!” There are several ways this plays out and the two most common are embezzlement and becoming a Bad Bookkeeper A Google Search - Of Construction Bookkeeper Embezzlement will generate thousands of hits, and most of it could have been avoided if the construction owner had known about and followed a few simple guidelines. #01 - Don't Hire A Bad Bookkeeper Click Here For More... #02 - Understand The Employee Theft 10-10-80 Rule - Discovered over many years of experience and first-hand observation by auditors, accountants, fraud examiners, anyone involved in detecting employee theft. Ten Percent - Of all employees including bookkeepers will steal in a variety of ways from office supplies, petty cash, graft, kickbacks, and payoffs from your suppliers, vendors and sub-contractors and even hundreds of thousands or even millions of dollars. They will do it regardless of how many security systems are in place because they lack integrity and have a "taker's" entitlement paradigm that states: "It Is Better To Take Than To Make". They cannot be stopped, only caught! And only then if you have systems in place and if you can convince the criminal justice system to take action, good luck with that! Ten Percent - Of all employees including bookkeepers will never steal because they have integrity and a "Producer's" paradigm that states: "It Is Better To Make Than To Take". In the end, these are the people who will add so much value to your company you cannot help but reward them with more money, benefits and recognition. Because if you do not they will be recruited by your competitors. This is another example of Leveling, click here to learn more. Eighty...