Hiring Costs

• It costs $7,000 to replace a salaried employee, $10,000 to replace a mid-level employee, and $40,000 to replace a senior executive.
• Employers lose 72% of all negligent hiring suits.
• Two thirds of negligent hiring cases brought to court have received jury awards with an average award of $600,000. According to the Workplace Violence Research Institute, the average award in these suits is $3 million.

Resume & Application Errors

• Over 85% of all resumes contain errors, omissions, and false statements.
• 34% of all application forms contain outright lies about experience, education and ability to perform essential functions on the job.
• 9% of job applicants falsely claimed they had a college degree, listed false employers or identified jobs that didn't exist.
• 11% of job applicants misrepresented why they left a former employer.

Business Theft / Embezzlement

• 30% of business failures are caused by employee theft.
• 14.7% of all applicants admit to theft of merchandise from an employer.
• 4.4% of all applicants admit to theft of cash from an employer.
• Average employee embezzlement is over $125,000.
• 95% of all companies are victims of theft, and yet only 10% ever discover it.

Workplace Violence

• Workplace violence costs employers $36 billion each year.
• The average award in a workplace violence lawsuit exceeds $1 million per case.
• Workplace violence is the foremost concern of corporate security directors at Fortune 1000 companies. Other top concerns include employee selection and screening concerns, fraud and white-collar crime, theft, drugs and alcohol in the workplace, and unethical business practices.
• Approximately half of businesses with more than 1,000 employees have had an incident of workplace violence.
• Over 2 million crimes occur in the workplace annually.

Drug Use

• 87% of major US firms now test employees, job applicants, or both, for drug use.
• One in six workers has a drug problem.