THIRTEENTH (13TH) ANNUAL RETAIL THEFT SURVEY - 2001 |
| To further evaluate the severity of employee theft, Hayes International analyzed 20,000 randomly selected pre-employment honesty tests given by CHC Forecast (Applicant Review questionnaire) to retail job applicants nationwide during 2000. Of these 20,000 job applicants, 10,859 (54.3%) were rated as "low risk" and 5,108 (25.5%) were rated as "high risk" due to their admissions of wrongdoings and their attitudes concerning honest and dishonest behavior. When comparing the admissions of "high risk" and "low risk" job applicants, it becomes most obvious why some applicants are considered a hiring risk and others are not. For example, listed below are various items on the Applicant Review questionnaire and the percent of high and low risk applicants admitting to each. |
High Risk | Low Risk | |
| 25.4% | 6.9% | |
| 13.1% | 1.7% | |
| 30.0% | 8.2% | |
| 19.6% | 1.9% | |
| 17.1% | 4.5% | |
| 12.2% | 3.5% | |
| 24.5% | 5.7% | |
| 3.8% | 0.7% |
Previous theft admissions for the group of 5,108 "high risk" job applicants totaled $188,420, or $36.89 per applicant, while the admissions for the group of 10,859 "low risk" job applicants totaled $50,160, or $4.62 per applicant. It is generally estimated the correct dollar amount for stolen money and merchandise is approximately 10 times the admitted amount. Therefore, based upon admissions made on The Applicant Review questionnaire, the average "high risk" job applicant was responsible for the theft of $368.87, compared to $46.19 for the average "low risk" job applicant. |
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jlh@hayesinternational.com or mrd@hayesinternational.com ©1998 Jack L. Hayes International All rights reserved. |