Loss Prevention Manager Salary (United States)

Salaries for Loss Prevention Managers in the United States lie in the neighborhood of $41,195 annually. Compensation generally starts at $29,430 and does not exceed $62,289 per year. Overall cash earnings for Loss Prevention Managers stretch from $32,639 on the lower end to $61,521 near the top, and the heftier packages can encompass around $7,885 from bonuses and $4,894 from profit sharing. Geographic location is the main element affecting pay for this group—experience level and the specific company are driving factors as well. In this profession, most individuals enjoy medical and dental coverage, and more than half have vision insurance, as well. Male Loss Prevention Managers are far more common in the field than their female counterparts, who typically comprise less than one-third of the field. Work is enjoyable for the better half of Loss Prevention Managers who claim high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Loss Prevention Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$32,639 - $61,521
(Median)
33K
43K
51K
62K
MEDIAN: $42,782
10%
50%
75%
90%
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Loss Prevention Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$10.81 - $18.87
(Median)
11
14
16
19
MEDIAN: $14.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$21K$42K$63K
Salary
$32,639 - $61,521  
   
Bonus
$0.00 - $7,885  
Profit Sharing
$0.00 - $4,894  
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).
)
$29,430 - $62,289  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 580
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$10.81 - $18.87  
   
Overtime
$12.58 - $29.00  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $7,885  
   
Profit Sharing
$0.00 - $4,894  
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).
)
$29,430 - $62,289  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 164
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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
  • 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.
  • 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.

Common Career Paths for Loss Prevention Manager

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Though it's uncommon, some Loss Prevention Managers move into roles as Director of Loss Preventions, bringing in an extra $33K per year. It is quite typical for Loss Prevention Managers to transition into roles as Loss Prevention Regional Managers or District Loss Prevention Investigators, where expected earnings are an additional $29K or $10,110 per year.

Loss Prevention Manager Job Listings

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Popular Employer Salaries for Loss Prevention Manager

Although Macy's, Inc. offers the highest salaries in town—median pay is $42,287—workers can only make as much as $55K and scope of pay is rather limited.
Though certain workers may see earnings of up to $48,936, Kmart Corporation still falls short in the compensation department—the median pay is only $35,834, the lowest in the field. Sears Holdings Corporation and Lowe's Home Improvement Inc. are other employers known for handing out relatively lightweight salaries ($38,443 and $40,868, respectively).

Pay by Experience Level for Loss Prevention Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Loss Prevention Managers, experience and pay seem to be weakly connected; experience does not necessarily lead to more money. Starting out, salaries are typically $37K, which grows to $42K after five to 10 years. Between 10 and 20 years, pay reaches $47K. Salaries grow more slowly as Loss Prevention Managers approach the 20-year mark, when the pay stabilizes at $53K. Experienced employees who have 10-20 years of experience make up 25 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 2 percent, and senior people with more than 20 years under their belt fill out the remaining less than 10. Between one and nine years is the typical spectrum of experience for those in this line of work—of those who took the survey, more than half land within this radius.

Pay Difference By Location

San Francisco
up arrow 36%
Nashville
up arrow 36%
New York
up arrow 32%
Los Angeles
up arrow 20%
Dallas
up arrow 5%
Seattle
up arrow 2%
National Average
$41,000
Houston
up arrow 4%
Larger circles over a city indicate a job is popular in that location.
Loss Prevention Managers will find that Nashville offers an impressive pay rate, one which exceeds the national average by 36 percent. Those in search of high salaries should also consider checking out cities like San Francisco, New York, Los Angeles, and Dallas, top-paying markets where Loss Prevention Managers rake in more than the national norm (+36 percent, +32 percent, +20 percent, and +5 percent). Falling short of the national average by 4 percent, the area with the worst salaries is Houston.

Related Job Salaries

Experience Affects Loss Prevention Manager Salaries

Late-Career
up arrow 25%
National Average
$41,000
Entry-Level
up arrow 11%

Skills That Affect Loss Prevention Manager Salaries

People Management
up arrow 27%
Inventory Control
up arrow 14%
Security Policies and Procedures
up arrow 7%
National Average
$41,000
Safety Compliance
up arrow 1%
Investigation
up arrow 10%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 146 votes.

Gender

Female
21%
female alumni
 
Male
79%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
33%
10-19 years
25%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 71%
vision benefits Vision: 56% employee benefits None: 20%
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