Thursday, November 13, 2008

Thieving Aussies 

Not quite sure what to think of this one. I'm used to seeing Australia at the top of lists comparing nations, but usually for good things like quality of life. But then again, getting free stuff from your place of work could be adding to your quality of life??

The second annual Global Retail Theft Barometer reveals Australian retailers are victim of the world’s worst employee theft and fraud levels. Retail operators say employee theft is a greater problem than shoplifting.

The survey reveals retailers lose between 2% to 5% of the value of new products due to theft, or “shrinkage loss.” Products most coveted are razor blades, electronics, mobile phones, watches, make-up and alcohol.

...each Australian household is paying more than $420 a year on average to make up the shortfall.

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