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
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