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Depending on your perspective, either respect may be more important (free replacements of lost tags), but setting up a system which removes the incentive for them to be stolen would be a good thing - it just needs to be publicised so that most people know they are of no use or value once reported lost.
All that would serve to do is catch out unknowing buyers. I’m sure if a market sprung up someone would still make money selling the tags on, regardless of if they worked or not. There’d always be someone who saw $25/$50 and didn’t know the tag would be deactivated. It wouldn’t stop the theft.
Likewise I also don’t think place an RFID tag reader at the employee exit door would work, bearing in mind the union would probably see that as a 'presumed guilty' sort of thing and kick up a fuss.