Earnings for Loss Prevention Managers in the United States come in at around $49K annually on average. Cash earnings for Loss Prevention Managers — which occasionally include more than $10K from bonuses and more than $4K from profit sharing — stretch from around $32K to approximately $73K. Location is the biggest factor affecting pay for this group, followed by the specific employer and experience level. The vast majority of Loss Prevention Managers (80 percent) survey respondents are men. Most Loss Prevention Managers like their work and job satisfaction is high. A strong majority report receiving medical coverage from their employers and a fair number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$35,992 - $74,177
$36K
$49K
$74K
MEDIAN: $48,730
10%
50%
90%

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$12.41 - $20.80
$12
$16
$21
MEDIAN: $16.39
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25K$50K$75K
Salary
$35,992 - $74,177  
   
Bonus
$0.00 - $9,787  
Profit Sharing
$0.00 - $4,085  
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).
)
$31,618 - $73,057  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 263
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$12.41 - $20.80  
   
Overtime
$17.62 - $32.46  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $9,787  
   
Profit Sharing
$0.00 - $4,085  
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).
)
$31,618 - $73,057  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 115

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Loss Prevention Manager

The main role of the loss prevention manager is to ensure profits by preventing losses that occur through internal or external theft, fraud, accident, or abuse; it is often referred to as "shrink." Loss prevention managers are must constantly be on watch for shrink. Along with finding out the reasons that shrink may be occurring, they must constantly create and implement security and safety procedures that will reduce losses for the company. Since theft includes stolen items and robberies, the loss prevention mangers needs to work closely with upper management in the store and with law enforcement in the area.

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Loss Prevention Manager Tasks

  • Investigate, log, and resolve alleged and actual theft, violations of policy, and compliance concerns.
  • Coordinate and communicate with management and governmental agencies to act appropriately and legally.
  • Audit sites to ensure inventory is processed, handled, and monitored appropriately, and document any errors or failures.
  • Develop policies and train staff in loss prevention, reduce shrinkage, and use tagging and/or report mechanisms.

Common Career Paths for Loss Prevention Manager


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Loss Prevention Managers sometimes assume positions such as Directors of Loss Prevention. That role pays $75K per year on average. Career advancement for the typical Loss Prevention Manager often leads to becoming a Regional Manager of Loss Prevention or a District Loss Prevention Investigator; median salaries in these positions are $26K higher and $6K higher, respectively.

Loss Prevention Manager Job Listings

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Popular Employer Salaries for Loss Prevention Manager


Lowe's Companies, Inc, Sears Holdings Corporation, Kmart Corporation, Macy's, Inc., and Lowe's Home Improvement Inc. are top-notch employers for Loss Prevention Managers in this area. Loss Prevention Managers seeking a sizable paycheck can earn the most at JCPenney, where the average salary comes to $54K. Other employers shelling out big bucks include Sears Holdings Corporation, Macy's, Inc., and Lowe's Companies, Inc, where Loss Prevention Managers typically earn around $47K, $47K, or $43K, respectively.

With a median salary of only $35K, Kmart Corporation pays the least. It seems that the compensation range of $24K to $59K isn't that wide, either. Others at the bottom of the scale for this job include Target Corporation at $40K, and Lowe's Home Improvement Inc. where $41K is the norm, but it is worth noting that some Loss Prevention Managers there earn up to $59K.

Popular Skills for Loss Prevention Manager


Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Investigations, Security Policies and Procedures, and Inventory Management are correlated to pay that is significantly above average, leading to increases of 55 percent, 27 percent, and 11 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Investigation and Safety Compliance. Those proficient in Safety Compliance are, more often than not, also skilled in Inventory Control.

Pay by Experience Level for Loss Prevention Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have less than five years' experience have a median salary of $40K. Those who have been around for five to 10 years can expect to take home more — $45K on average. Loss Prevention Managers claiming one to two decades of experience make an estimated median of $53K. Loss Prevention Managers who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Related Job Salaries

Key Stats for Loss Prevention Manager

Gender

Female
20 %
Male
80 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.
029
Less than 1 year
3%
1-4 years
26%
5-9 years
29%
10-19 years
29%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loss Prevention Manager Salaries

Late-Career
up arrow 18%


National Average
$45,000



Skills That Affect Loss Prevention Manager Salaries

Investigations
up arrow 55%

Security Policies and Procedures
up arrow 27%

Inventory Management
up arrow 11%

National Average
$45,000


People Management
up arrow 1%



Investigation
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
3%
1-4 years
26%
5-9 years
29%
10-19 years
29%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 74%
vision benefits
Vision: 62%
dental benefits
None: 16%
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