Loss Prevention Agent Salary
Average Loss Prevention Agents in the United States make around $13.29 per hour. The company is the main element affecting pay for this group — experience level and geographic location are driving factors as well. Most Loss Prevention Agents report high levels of job satisfaction. Generally, women make up less than a third of all Loss Prevention Agents who answered the questionnnaire. Not all workers are lucky enough to have benefits; in fact, just under a third are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by the larger part. Participants in PayScale's salary questionnaire provided the particulars of this report.
|Salary||$23,807 - $57,194|
|Total Pay (||$21,568 - $37,406|
|Hourly Rate||$10.19 - $17.22|
|Overtime||$15.01 - $24.08|
|Total Pay (||$21,568 - $37,406|
Job Description for Loss Prevention Agent
A loss prevention agent helps prevent theft, typically at a retail establishment. They are responsible for actively scanning the store to look for potential theft, using security equipment such as closed-circuit television (CCTV) and hidden cameras, as well as by moving around on the sales floor. Other duties of a loss prevention agent include following company guidelines to successfully apprehend shoplifters, as well as identifying and reporting theft to the authorities as required.Read More...
Ideally, the loss prevention agent can prevent theft from happening in the first place, and this is accomplished through deterrence. Policies vary by company, but loss prevention agents are typically trained to identify potential thieves early and use means such as making these individuals aware they are being watched or asking them to leave the store. Loss prevention agents may work with other loss prevention personnel and other store employees, and agents are often required to monitor employee activity for potential theft as well.
The minimum requirements for this position generally include a high school diploma or equivalent, as well as the ability to pass a background check and drug screening. Depending on the state in which they work, a license may be required as well. Typically, a background in security or law enforcement, as well as knowledge of CCTV systems, is preferred. Loss prevention agents often must be able to move around their store for at least part of their shift. Their shifts may vary depending on their establishment's hours of operation; full-time and part-time positions are common.
Loss Prevention Agent Tasks
- Plainclothes investigation and apprehension of shoplifters.
- Monitor employees and customers for suspicious behavior and conduct bag checks.
- Audit inventory and identify suspicious missing items and/or activities.
- Internal and external theft prevention, and physical security such as alarm, locks, CCTV, etc.
- Document evidence of wrongdoing for police and prepare internal reports.
Popular Employer Salaries for Loss Prevention Agent
Known for taking on a considerable number of Loss Prevention Agents, The Gap Inc., Nordstrom, Inc., Macy's, Inc., Old Navy, and Rite Aid Pharmacy are leading firms in the industry. Pay for Loss Prevention Agents is best at Nordstrom, Inc., which offers a median salary of $33K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $23K to $38K. Soaring salaries can also be found at IKEA, The Home Depot Inc., and The Gap Inc., where earnings of $31K, $30K, or $29K are standard for Loss Prevention Agents.
Others at the bottom of the scale for this job include Macy's, Inc. at $25K, Old Navy at $27K, and Rite Aid Pharmacy, where $27K is the norm.
Pay by Experience Level for Loss Prevention Agent
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Loss Prevention Agents with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. People who have worked for fewer than five years bring home $27K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $30K. Loss Prevention Agents bring in $32K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $37K, which is generally higher than the pay reported by other tenure groups.
Loss Prevention Agent Reviews
Key Stats for Loss Prevention Agent
Rated 5 out of 5
based on 34 votes.