Loss Prevention Investigator Salary
Loss Prevention Investigators in the United States pull down an average of $15.51 per hour. The particular firm is the biggest factor affecting pay for this group, followed by geography and years of experience. The majority of Loss Prevention Investigators (63 percent) survey respondents are male. While some workers in this profession — nearly one in five — do not have any health coverage, a strong majority do receive medical benefits and a majority have dental insurance. Most Loss Prevention Investigators like their work and job satisfaction is high. This snapshot results from replies to PayScale's salary survey.
Job Description for Loss Prevention Investigator
Loss-prevention investigators are responsible for the protection of assets within their retail store. These investigators generally who work within their store and sometimes within an office, and may work independently or on a team.Read More...
Educational requirements for the position vary depending on the organization; most require a high school diploma or equivalent, and some require college education or training. Many organizations require prior work experience in a retail environment, as well.
Loss-prevention investigators may a variety of responsibilities and duties, including: detecting and investigating shoplifting; preventing employee theft and property destruction; investigating crimes within the store; recovering stolen inventory; assisting the employer in prosecuting criminals;using surveillance systems and observing surveillance tapes; interviewing suspects; conducting awareness training programs; investigating in-store deception; watching for suspicious behavior; running sales- and transaction-related reports; investigating cash theft; conducting routine bag checks among employees; maintaining and upholding store policies; and auditing regarding paperwork and various departments.
This position requires a person who is intuitive in nature, pays strong attention to detail, and works well in high-stress environments.
Loss Prevention Investigator Tasks
- Document attempted and actual thefts, including prevention measures and their effects.
- Monitor employees and cash registers to identify potential and actual problems.
- Oversee electronic and inventory methods to reduce theft and losses.
- Monitor retail space via remote cameras and in-person surveillance.
- Identify, isolate, search, and call police when suspects are identified.
Loss Prevention Investigator Job Listings
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Popular Employer Salaries for Loss Prevention Investigator
Macy's, Inc., TJ Maxx Inc, CVS / Pharmacy, Neiman Marcus Group Inc., and CVS Caremark Corporation are all popular places to work. Heading up the field in terms of compensation, TJX Companies Inc offers the most; Loss Prevention Investigators earn $48K on average there.
Pay by Experience Level for Loss Prevention Investigator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average beginner in this position makes around $34K, but folks who have been around for five to 10 years see a markedly higher median salary of $43K. Loss Prevention Investigators claiming one to two decades of experience make an estimated median of $45K. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.
Key Stats for Loss Prevention Investigator
Rated 4 out of 5
based on 22 votes.