Employees under increasing pressure to commit fraud

Cuts in pay, salary freezes and intense demands to hit targets in the downturn are putting more pressure on UK employees to commit fraud, Ernst & Young’s Fraud Survey has revealed.

The Ernst & Young 2013 Europe, Middle East, India and Africa (EMEIA) Fraud Survey reveals that 71% of UK workers at large companies have experienced some form of pay freezes, cuts, reduction or scrapping of bonuses, and salary rises below the rate of inflation.