Forcing employees to take two weeks in the sun could save West Midlands companies millions of pounds in losses to fraud, according to Ernst & Young.
Specialist investigators at the firm are advising West Midlands businesses that the summer holiday season is the peak time for detecting fraud as employees take a long break.
The firm said its fraud investigation caseload peaks when alarm bells are raised by suspicious bosses and co-workers after company cheats leave their desks to go on summer holidays.
It believes that enforcement of two-week holidays could reduce fraud by millions across the UK.
Jonathan Middup, partner at Ernst & Young’s Fraud Investigation & Dispute Services practice in Birmingham, said: “We see a clear increase in fraud detection where companies enforce a compulsory two-week break over summer.
“Perpetrators are away and not able to cover their tracks easily.
“Frauds, such as accounts manipulation that are covered up in the course of the year are often spotted when colleagues take over and notice something is not quite right. The profile of a typical fraudster is a long-serving, trusted employee, who works long hours and is reluctant to take their annual leave.
“Without doubt, one of the most simple and cost-effective anti-fraud measures is to ensure employees take at least two consecutive weeks holiday.”