The Facts of Employee Dishonesty

• Fact: The U.S. Commerce Department estimates the annual cost of employee theft at $40 BILLION, ten times that of street crime!
• Fact: Most companies don't know they have an internal theft problem, and make the discovery by accident TOO LATE!
• Fact:The American Management Association estimates that employee theft causes 20% OF ALL BUSINESS FAILURES!
• Fact:A national survey reported ONE-THIRD of all retail, health care, and manufacturing employees admitted stealing from employers in the last year.
• Fact: Losses due to employee theft for business under $100,000 in annual sales is 35 TIMES HIGHER than those with over $5 million in sales!

These types of fidelity bonds protect the employer against losses caused by employee theft:

• Standard Commercial Fidelity
• Special Fidelity Bond for Small Businesses
• ERISA Bond
• Business Services
• Public Official

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