Share this article:

'No firm is immune' | More employees are stealing from work as cost-of-living pressures mount

More employees are stealing from work as cost-of-living pressures mount

Employee theft has jumped by a fifth (19%) as the rising cost of living triggers a wave of workplace crime, new data suggests.

National figures reveal almost 6,000 workers were caught stealing from their employer in 2022, up from 5,000 the year before. This amounts to nearly 500 incidents every month.

The analysis was carried out by insurer Zurich UK based on Freedom of Information data from 43 police forces in England and Wales.

London’s Metropolitan Police saw the highest number of employee thefts, with 874 incidents last year, while the City of London saw the fewest, at 18. The biggest increase in thefts occurred in Lincolnshire, up from 40 to 71 incidents – a rise of 44%.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

Ricoh EMEA: How purpose & employee voice are shaping our AI transformation
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21:57

Podcast | Ricoh EMEA: How purpose & employee voice are shaping our AI transformation

Chancellor invites budget ideas from every level of Treasury staff
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News

Apprentices to experts | Chancellor invites budget ideas from every level of Treasury staff

Docebo's CPO on hiring for adjacent skills, not perfect resumes
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature

Forget the purple squirrel | Docebo's CPO on hiring for adjacent skills, not perfect resumes

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Guide

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead