19th Annual Retail Theft Survey
October 22, 2007
Hayes International just completed its 19th Annual Retail Theft Survey and I found the results to be very interesting. See in particular some bullet points related to employee theft. Remaining highlights of the study can be viewed by clicking the hyperlink above.
• In 2006, survey participants apprehended 66,507 dishonest employees, an increase of 6.57 percent over 2005’s apprehensions.
• Dollars recovered from dishonest employee apprehensions totaled over $56.6 million in 2006, a substantial increase of 16.44 percent over 2005’s recovery dollars ($48.6 million).
• One out of every 27.9 employees was apprehended for theft from their employer in 2006. (Based on comparison data of over 1.85 million employees.)
• The average dishonest employee case value in 2006 was $851.44, a 9.26 percent increase over 2005 ($779.27).