GITNUX MARKETDATA REPORT 2024

Retail Employee Theft Statistics [Fresh Research]

Statistic 1

"Employee theft costs US businesses $50 billion annually."

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Statistic 2

"37.5% of employees who commit retail theft are never caught."

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Statistic 3

"The average retail theft amount by employees is $1,264."

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Statistic 4

"The average amount of time between hiring and first theft incident is 24.6 months."

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Statistic 5

"64% of small businesses have experienced employee theft."

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Statistic 6

"The average restitution ordered for employee theft is $23,000."

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Statistic 7

"Companies with hotlines to report theft have a 50% lower median loss than those without."

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Statistic 8

"Men are responsible for 55% of employee theft cases in retail."

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Statistic 9

"In 58% of retail employee theft cases, surveillance equipment was not used properly."

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Statistic 10

"50% of retailers believe that employee theft may account for 20% or more of their losses."

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