Psychopathy in the workplace is a serious issue as, although psychopaths typically represent only a small percentage of the staff, they are most common at higher levels of corporate organizations and their actions often cause a ripple effect throughout an organization, setting the tone for an entire corporate culture. Examples of detrimental effects are increased bullying, conflict, stress, staff turnover and absenteeism; reduction in productivity and social responsibility.Ethical standards of entire organisations can be badly damaged if a corporate psychopath is in charge.
Academics refer to psychopaths in the workplace individually variously as workplace psychopaths, executive psychopaths, corporate psychopaths, business psychopaths, successful psychopaths, office psychopaths, white collar psychopaths, industrial psychopaths, organizational psychopaths or occupational psychopaths. Criminal psychologist Robert D. Hare coined the term Snakes in Suits as a synonym for the workplace psychopath.
Hare reports that about 1 per cent of the general population meets the clinical criteria for psychopathy. Hare further claims that the prevalence of corporate psychopaths is higher in the business world than in the general population. Figures of around 3–4% have been cited for more senior positions in business. However, even with this small percentage, corporate psychopaths can do enormous damage when they are positioned in senior management roles.
Oliver James identifies psychopathy as one of the dark triadic personality traits in the workplace, the others being narcissism and Machiavellianism.