Employee Theft Statistics

OFFICE THEFT: It's more than just pens and paper clips... MAVERICK Zabelacom Property of மாயபாபா் AA A 1 3 2 9 MaverickLabel.com EMPLOYEE THEFT IS ON THE RISE.. 27% percent of large companies seeing increase in theft Median = Amounts Stolen $175,000 25.3% of annual revenues lost to fraud 11.2% $1,000,000 and up 28.2% $100,000 - $499,999 $50,000 - $99,999 $500,000 - $99,999 16.8% 7.0% 1.9% Applied to the projected 2008 U.S. Gross Domestic Product 994 billions dollars $10,000 - $49,999 $1,000 - $9,999 less than $1,000 men are more likely to steal and to steal more... Education Level of Office Thieves 34 High Postgraduate degree Less likely to steal, but take 5.5 times more than high school grads 11 school degree 37.1% MEN $250,000 $110,000 WOMEN of total frauds committed by a manager 59.1% 29% "have had ideas stolen 40.9% Median $250,000 21 have Median $110,000 employees who 34 Bachelor's degree work 2 years average time office fraud lasts before detected Sources: Association of Certified Fraud Examiners - Institute for Corporate Productivity - Jack L. Hayes International, Inc. - Office Team some college 1/30 retail employees arrested for workplace theft