False reporting of working hours is perceived by the public in Israel as a minor offense. Employers' Forum: 75.6% believe that'stealing hours' is at the lowest level of theft offenses.
In general, employee embezzlement of its various types creates damages that reach a monstrous amount of approximately 4.7 trillion dollars a year. An average organization or business loses about 5% of its income per year due to em bezzlement and financial irregularities. The exact prevalence of 'hours theft' is not known, but experts in the field of fraud research say that it is a very painful blow for employers.