Asset Protection Associate Salary
An Asset Protection Associate earns an average wage of $12.71 per hour. Most people with this job move on to other positions after 10 years in this career. Experience has a moderate effect on income for this job.
|Salary||$14,497 - $49,665|
|Bonus||$246.58 - $1,216|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$20,439 - $38,638|
|Hourly Rate||$9.86 - $17.39|
|Overtime||$14.79 - $28.95|
|Bonus||$246.58 - $1,216|
|Total Pay (||$20,439 - $38,638|
Job Description for Asset Protection Associate
Asset protection associates work primarily for retail stores, but also other types of organizations, as they are responsible for preventing financial loss caused by theft or fraud, either internally or externally. They must always adhere to safety guidelines and utilize a variety of tools to minimize loss to their employer, and they work to identify incidents of theft or fraud and continuously review CCTV and computerized exception reports. They may also monitor stores by walking around on the floor or using camera monitoring devices from a special room and audit the Electronic Article Surveillance.Read More...
Asset protection associates may prepare detailed case reports and document apprehensions and/or recoveries and must preserve evidence of fraud or theft for interacting with law enforcement. They may occasionally need to testify in criminal or civil courts and must always report unsafe conditions to management and follow strict guidelines to minimizes the risk of injury to themselves, other employees, vendors, and customers. They must demonstrate honesty and integrity at all times and are often trained on-the-job, though some employers prefer applicants who have relevant prior experience.
A high school diploma is often a minimum requirement for this position, and they must be able to work well with minimal or no supervision as well as in a team environment. The ability to speak a second language, such as Spanish, is also beneficial, and some may have to attend regular mandatory training. (Copyright 2017 PayScale.com)
Asset Protection Associate Tasks
- Conduct surveillance to detect and apprehend shoplifters.
- Participate in the training of new hire associates in matters of asset protection.
- Enforce company standards as they relate to security and safety procedures.
- Monitor closed circuit television systems, if applicable.
- Conduct routine inspections of the facility to maintain physical security and protection of assets.
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Pay by Experience Level for Asset Protection Associate
Pay by Experience for an Asset Protection Associate has a positive trend. An entry-level Asset Protection Associate with less than 5 years of experience can expect to earn an average total compensation of $26,000 based on 185 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Asset Protection Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $29,000 based on 49 salaries. An experienced Asset Protection Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $35,000 based on 22 salaries. An Asset Protection Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 6 salaries.
Key Stats for Asset Protection Associate
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