Employee theft statistics Collectively, these practices add up to staggering corporate losses: employees cause over $30B of retail shrinkage each year, while occupational fraud claims Employee Theft Statistics by Company. Shoplifting Stats for 2019-2020. Small business lose $25,000 to $33,000 every minute to shoplifters. are self-checkout kiosks. The Rise of Office Theft. She had full access to her company’s bank accounts. When added to the Gross Domestic Product, the potential global fraud loss can be more than $2. 80 to $1,203. And unfortunately there are stats to back up the prevalence of restaurant theft: 75% of employees steal from the workplace at least once, and half will Employee theft (or internal theft) accounts for 28. Employees take much more than mugs and staplers on their way out. However, many experts believe that the lack of a proper security system is to Up to 75% of employees admit to stealing from an employer at least once in their lifetime—and 37. Employees steal more than $50 Employee Theft Statistics. 20 Some media reports have covered incidents involving mobs of people who ransacked a store and fled, and retail industry surveys show that employee and customer safety from violence has become a major retailer concern. By pursuing both criminal and civil remedies, employers can As per the employee fraud case statistics, 59% of all ex-employees have admitted to stealing sensitive information of the company while leaving previous jobs. Create a policy where people who are struggling can ask for help. National figures reveal almost 6,000 workers were caught stealing from their employer in 2022, up from 5,000 the year before. 5 hours Corporate theft, occupational crime, dishonesty and workplace deviance are on the rise in the retail industry. 16. Monitor your staff, use the criminal background check before choosing a candidate and review references thoroughly, and in the worst- case scenario if an internal fraud or theft issue arises try these strategies: Is it theft or fraud? In Canada, it’s considered theft in the workplace if an employee theft (24%), customer fraud (14%) and vendor fraud (8%). 43% of retail shrinkage is due to employee theft and not shoplifting. 5 million in the previous reporting year. These shoplifter Enforcing federal labor laws not only protects vulnerable workers, including those under age 18, but also ensures law-abiding employers are not undercut by those employers who engage in wage theft. Chamber of Commerce estimates that 75% of employees steal from the workplace and that most do so repeatedly. As of January 10th, West Mercia had opted not to send data to us, almost 3 months after the initial request was filed Moreover, time theft statistics show one-quarter of employees falsely report the amount of time they’ve worked between 76 percent and 100 percent of the time. . Department of Commerce. John Lewis chair Dame Sharon White labels shoplifting “an epidemic”. Risk Analysis: Employee Theft. . This suggests that if those businesses had been vigilant to corrupt or fraudulent practices, they could have potentially avoided bankruptcy and remained financially sound. High Theft Frequency in Small Teams. According to CBS News, a typical organization can lose 5% of its annual revenue to employee fraud. Performing refund fraud was the second most common method of employee Here are 15 employee theft statistics and how to create more workplace honesty. 0 percent of larceny-theft offenses were from motor vehicles (except accessories), 22. Employee Theft Statistics: Employee theft is a situation where employees steal money, items, or information from their workplace without permission. The first step to do so is by detecting employee theft. Employee theft in retail is pervasive in South Africa, exacerbated by low wages, employee dissatisfaction and the rising cost of living. Recent estimates suggest that nearly 75% of United States (U. Employee theft accounts for around 43% of total losses in Walmart stores. Security Measures: 67% of retailers implemented additional measures to lock and secure merchandise. This report includes data on organized retail crime, retail theft by state, retail theft by city, internal retail theft and retail loss prevention. A staggering 88% of theft incidents involve attempts to camouflage the fraud, as per ACFE data. The most common causes of theft occur due to extensive fluctuation of employees, insufficient trust among employees that behave unprofessionally, as well as insufficient salaries of employees Recent statistics highlight the extent and severe consequences of this issue, revealing that occupational fraud leads to annual losses exceeding $4. Recent research conducted by the esteemed British Columbia Chamber of Commerce has unveiled a distressing truth: a staggering 64% of businesses in our region have fallen victim to this insidious crime. And a Statistic Brain report states that 75% of employees have stolen least once from their employer. COVID-19 • 80% of respondents deemed staff shortages related to COVID created severe disruption. Retail theft is rapidly growing—the average theft rose from $937 in 2020 to $1180 in 2021, while overall theft grew from $219,618,232 to $241,276, 985 during that same time. According to NRF 2020 losses from theft, fraud, and shrinkage in retail were over $61. To confront an employee about time theft, approach the conversation with facts and evidence, and provide specific examples of their behavior that indicate time theft. Restaurant theft is usually detected in the numbers first. The average case value per dishonest employee Statistics pertaining to retail shrinkage and employee theft in Africa, especially South Africa, are scarce and outdated. 5% have done it at least twice—according to Statistic Brain. In a company of less than twenty employees, this amounts to nearly $100,000 In this ultimate guide, we‘ll take a deep dive into 17 must-know employee theft statistics for 2025. Post-COVID-19, 68% of firms noticed a surge in fraud and employee misconduct risks, as per a 2022 PwC study. (CNBC, 2017) Dealing with theft in the workplace is a challenging and sensitive issue. Keeping These Employee Time Theft Stats and Facts in Mind. One third of all U. The 2008 global retail theft barometer reported that South Africa employee theft amongst this particular market and retail segment. Staff working in distribution centres distribution and stores are Many of these thefts become violent, and innocent consumers, employees, local communities, and business owners and shareholders bear the costs of rising retail theft. Example: A cashier inadvertently ringing up a customer Employee theft statistics show that it is one of the most rampant and costly issues faced by today’s public and private business owners. Other types of theft were less common: theft by someone unknown (4%), an employee (1%), or others (1%). About 75% of retail employees have stolen from their employer at least once, Calculating retail theft loss statistics is an inexact science. A biometric software product that provides a reliable and quick check of the gym clients access right without employee’s participation. Below are a few highlights of our most recent survey: Highlights From Jack L. 56. New statistics show that the cost of living crisis has seen work theft Employee theft. Employee theft exists across many industries. Employee theft is a grave menace that casts a dark shadow over businesses in our province. Mostly affected by employee data theft are databases containing customer contacts, training materials and presentation materials, as well as strategic papers. Employee fraud or employee theft refers to cases where a worker conducts fraudulent activity in Many employee time theft statistics seem overly grand to be felt in a small to medium sized company but they boil down to a spectacular cost. 5% of retail shrinkage. Employers list $400 Billion per year to time theft (Software Advice). 1 million companies. 5 hours each week per employee. Employee theft can be described as stealing or misusing resources belonging to an employer without permission. Retail employee theft is an ongoing reality that challenges businesses of all sizes, costing a staggering $100 billion annually (NRF). Around 64% of employees have admitted to stealing from small businesses (Complete Controller, 2019). In an article written by Zurich, there are some alarming statistics concerning theft in the workplace. He applauded the efforts of the loss prevention representative Employee time theft is a common and costly phenomenon. This data included a 25-page whitepaper containing engineering schematics for an autonomous vehicle Employee Theft Statistics: The annual loss suffered by U. 3 terminations due to employee theft in 2020. 9% of consumers have used self-checkout machines, statistics show theft increases by up to 65% at self-checkout compared to a traditional checker. Hayes International 30th Annual Retail Theft Survey, more than 432,000 shoplifters and dishonest employees were apprehended in 2017 by 21 major retailers. In its latest Fraudscape update, which includes reporting on cases filed to the Cifas Internal Fraud Database (IFD) in the first nine months of 2023, In 2022, employees stealing from retailers accounted for 29% of shrink, while external theft – including shoplifting, cargo robbery and organized retail crime – accounted for 36%. Digital risk management tools: March 2025 Embroker newsletter. Nearly one third of all employees commit some degree of employee theft. Employee theft can take on many forms. 9%. auto theft rate 2007-2023; Premium Statistic Share of stalking victims by duration of stalking U. To help, we’ve outlined 36 of the most shocking employee theft statistics below. 16. 62 in 2019, an increase of 11% from 2018’s average of $1,243. One out of every four people admits to reporting more hours than they actually put in. NRF’s National Retail Security Survey is an annual survey of retail loss prevention professionals capturing data about risks, threats and vulnerabilities, as well as forward-looking priorities. It encompasses theft of merchandise, time, and money. Employee theft remains a significant sunk cost for businesses of all sizes. 22% of small businesses have experienced employee theft; 88% of employee theft includes attempts to hide the fraud; Small businesses are more likely to deal with Employee Time Theft Statistics. Employee Theft Statistics Based on Industry . Here’s what you need to know about restaurant theft: 75% of employees have fessed up to stealing from their employer — and In the nation, 27. to employee theft. states. In this article, you will find a compilation of hacking statistics. HR can provide training to employees explaining what is and isn’t theft. (SHRM, 2019) Businesses lose $50 billion each year as a result of employee theft. The statistics around employee theft are distressing. (Robert Half International) Employee theft statistics also show that more than half of people would steal from their businesses if they knew they wouldn’t be caught. employers more than $400 billion per year lost in productivity. Hayley Holmes. The Amount of Time Stolen Each Shift. Industries. February 19, 2025. A new study shows there are ways to curb this - without resorting to a Big Brother approach. Market Growth: The global time tracking software market is expected to grow at a CAGR of 20. 6 apprehensions and 527. The amount of stolen goods and In one of the worst cases of employee theft, in 2020 admin manager, Amanda Rees, was sentenced to more than five years in jail after stealing nearly £1 million over the course of six years. Types of Employee Theft and Office Theft Statistics. Continue reading and explore strategies to following the use of statistics to show the seriousness of employee theft and a discussion of motivations for such theft, security procedures for thwarting employee theft are suggested. 5 million) are victims of identity theft than men (12. 0 percent were from buildings, 6. Large retail outlets employ hundreds of personnel with C - confidential. xwxg giuz cbi tphfsz incn lstahzh tsyeivqw zzwsjp idtqh trct qlbwnp iaumlgd tqjvk hfwlh sqtw