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Loss Prevention Manager Salary

The average Loss Prevention Manager in the United States earns approximately $45K annually. Lower pay rates hover around $30K, and the higher rates verge on $64K per year. Including potential for bonuses and profit sharing — peaking near $8K and $4K, respectively — total cash payment to Loss Prevention Managers can bottom out near $30K or peak near $64K depending on individual performance. Geographic location is the main element affecting pay for this group — tenure and the particular employer are driving factors as well. For the most part, Loss Prevention Managers enjoy their work and report high levels of job satisfaction. Male Loss Prevention Managers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. A strong majority enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. The information for this snapshot was generated by responses to the PayScale salary survey.
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$34,040 - $63,692
(Median)
$34K
$45K
$64K
MEDIAN: $44,531
10%
50%
90%

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$10.98 - $19.24
(Median)
$11
$15
$19
MEDIAN: $14.00
10%
50%
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$22K$44K$66K
Salary
$34,040 - $63,692  
   
Bonus
$0.00 - $7,585  
Profit Sharing
$0.00 - $3,945  
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).
)
$30,202 - $63,672  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 514
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
$10.98 - $19.24  
   
Overtime
$13.32 - $29.88  
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 - $7,585  
   
Profit Sharing
$0.00 - $3,945  
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).
)
$30,202 - $63,672  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 158

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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

  • 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 not the most common occurrence, Loss Prevention Managers sometimes become Directors of Loss Prevention, where the average income is $74K per year. Typical career progression for a Loss Prevention Manager involves becoming a Regional Manager of Loss Prevention or a District Loss Prevention Investigator, roles that pay $28K more and $9K more on average.

Loss Prevention Manager Job Listings

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Popular Employer Salaries for Loss Prevention Manager


Many Loss Prevention Managers can be found at Sears Holdings Corporation, Kmart Corporation, Macy's, Inc., Lowe's Home Improvement Inc., and Lowe's Companies, Inc, firms that are at the top of the field. Macy's, Inc. pays the most with a median salary of $45K, though there is little variation overall ($35K to $55K).

Employees of Kmart Corporation can expect to make the least, with the company offering a median salary of $36K; however, pay is widely dispersed from top to bottom, ranging from $26K to $49K.


Survey results show that Loss Prevention Managers use a fair number of skills. Most notably, facility with Security Policies and Procedures, Inventory Control, and People Management are correlated to pay that is significantly above average, leading to increases of 20 percent, 11 percent, and 8 percent, respectively. Skills that seem to negatively impact pay include Investigation. Aptitude in Safety Compliance tends to also indicate an understanding of Security Risk Management.

Pay by Experience Level for Loss Prevention Manager

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


Experience and pay tend to be weakly linked for Loss Prevention Managers — those with more experience do not necessarily bring in higher earnings. Workers with less than five years' experience earn around $39K on average, and those who have five to 10 years under their belts see a higher median salary of $43K. On average, Loss Prevention Managers make $48K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $51K.

Related Job Salaries

United States (change)

Experience Affects Loss Prevention Manager Salaries

Late-Career
up arrow 21%



National Average
$42,000


Skills That Affect Loss Prevention Manager Salaries

Security Policies and Procedures
up arrow 20%

Inventory Control
up arrow 11%

People Management
up arrow 8%


National Average
$42,000

Safety Compliance
up arrow 1%

Investigation
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 116 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
3%
1-4 years
28%
5-9 years
33%
10-19 years
27%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 72%
vision benefits Vision: 57% employee benefits None: 19%
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