Money Leaking under the Hood: Problem of Ghost Workers

R Ramya; B Pradeep Kumar; P Akshay

doi:10.34293/economics.v9i2.3738

R Ramya Head & Assistant Professor of Economics, Sri C. Achutha Menon Government College, Thrissur, Kerala, India & Research Supervisor, Calicut University, Malappuram, Kerala, India
B Pradeep Kumar Head &Assistant Professor of Economics, Government Arts & Science College, Ambalapuzha, Kerala, India & Research Supervisor, University of Kerala, Thiruvananthapuram, Kerala, India
P Akshay Research Scholar in Economics, Sri C. Achutha Menon Government College, Thrissur, Kerala, India

DOI: https://doi.org/10.34293/economics.v9i2.3738

Keywords: Payroll, Ghost workers, Looting of money, Organization

Abstract

Fraud in the institutional setup is like a chronic disease. It leaks scare resources of the organization under the invisible hood. Ghost workers are one of this category that cost both government and corporate institutions. With the positional power in the organization and the collective effort, people are trying to add non-existing workers to the payroll. This is costing a lot of money to the institution all over the world. This investigation would be an attempt to study the nature and existence of the problem of ghost workers.