The Shulman Center Video Archives
Counseling for Over-shopping and Over-spending
  • Did you know that 60% of inventory losses are caused by employees?
    - National Retail Federation – 2010

  • U.S. retailers and small businesses lost $33 billion in revenue last year due to theft
    - National Retail Federation – 2010

  • Employee theft is on the rise according to national statistics and company surveys
    - National Retail Federation – 2010

  • In 2010, one in every 33 employees was apprehended for theft from their employer
    - 2010 Jack Hayes International, Inc. survey

  • 75% of employees steal from work and most do so repeatedly
    - US Chamber of Commerce

  • In 2010, 69,373 employees were apprehended from 23 large retail companies, down .4% from 2009
    - 2010 Jack Hayes International, Inc. survey

  • In 2010, The average case value of employee theft was $639.99, about six times the average value of a shoplifting case. - 2010 Jack Hayes International, Inc. survey

  • 30% of corporate bankruptcies result from employee theft
    - US Chamber of Commerce

  • The FBI calls employee theft the fastest growing crime in America

  • The Boston Globe and Denver Post report that “time theft” and loafing cost U.S.companies over $400 Billion a year in lost productivity

Facts About Employee Theft
Biting the Hand that Feeds
The Employee Theft Epidemic:
New Perspectives, New Solutions
By Terrence D. Shulman
Click to Email
Bought Out and Spent by Terrence Daryl Shulman
  The Shulman Center for Compulsive Theft, Spending and Hoarding
Terrence Shulman
Founder/Director of
The Shulman Center
Shopaholics Anonymous
Shopaholics Hoarding Disorders Employee Theft
Overshopping and overspending