• The percentage of resumes and job applications that contain lies and exaggerations has been estimated between 30 and 80 percent.(Security Management Magazine)
• 5% of professional hires have criminal records. (Source: HR Logic)
• 75% of internal theft is undetected.("How to Identify Dishonesty Within Your Business")
• Several studies estimate employee theft and dishonesty costs U.S. businesses
between $60 billion and $120 billion per year, not including the billions spent on protecting against theft. ("How to Identify Dishonesty
Within Your Business")
• Insider theft is growing at 15% annually. (Justice Department)
• Employee theft amounts to 4% of food
sales at a cost in excess of $8.5 billion annually. 75% of inventory shortages are attributed to employee theft. (National Restaurant
Association)
• The Labor Law Industry has increased by 2200%. (Equal Employment Opportunity Commission)
• Employee theft costs between1/2%-3% of a company's gross sales. Even if the figure is 1%, it still means employees steal over a billion dollars a week from their
employers. ("How to Identify Dishonesty Within Your Business")
• One-third of all employees steal from their employers. (Department
of Commerce study)
• 30% of business failures are due to poor hiring practices. Annual losses generated by poor hires, absenteeism,
drug abuse, and theft amount to $75 billion per year. (U.S. Department of Commerce-Atlanta Business Chronicle.)