Employee Theft

Abstract

Because of a lamentable lack of evidence, no‐one really knows how extensive theft is in economic terms in companies. Employee theft is estimated by the US Government to be $40 billion a year. The enormity of this figure can be put into perspective when compared to the estimate of $4 billion annually for street crime. Moreover, law enforcement officials maintain that more than 90 per cent of crime today occurs inside businesses rather than in the streets.

Citation

Anderton, B. and Kiely, J. (1988), "Employee Theft", Personnel Review, Vol. 17 No. 5, pp. 37-43. https://doi.org/10.1108/eb055600