Loss Prevention Manager Salary (United States)

For Loss Prevention Managers, annual wages usually total $41,195 annually. Compensation starts at $29,430 and can reach $62,289 per year. Compensation for this group is mainly affected by geography, but tenure and the individual firm are influential factors as well. Medical benefits are awarded to most, and most earn dental coverage. Making up 79 percent of the field, male Loss Prevention Managers greatly outnumber their female counterparts. Job satisfaction is reported as high by the vast majority of workers. The data for this synopsis comes from respondents who took the PayScale salary survey.
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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While not commonly seen, Loss Prevention Managers who transition into a Director of Loss Prevention position may earn an additional $33K per year. Loss Prevention Managers moving up in their career tend to step into positions as Loss Prevention Regional Managers or District Loss Prevention Investigators, where paychecks increase by $29K or $10,110 per year.

Loss Prevention Manager Job Listings

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Popular Employer Salaries for Loss Prevention Manager

Employees at Macy's, Inc. enjoy the biggest paychecks, and $42,287 is the median salary. Range in pay, on the other hand, is narrow, starting at $31K and nearing the top at only $55K.
Kmart Corporation offers the lowest pay in the field, with a median salary of just $35,834. Also approaching the lower end are Sears Holdings Corporation at $38,443 and Lowe's Home Improvement Inc. at $40,868.

Pay by Experience Level for Loss Prevention Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
In most cases, Loss Prevention Managers can expect only incremental pay growth as they advance in their careers. Starting out, salaries fall in the $37K range but grow to $42K after five to 10 years. Pay amounts to $47K after 10 to 20 years. After two decades on the job, Loss Prevention Managers see salary growth dwindle, averaging $53K. Experienced employees who have 10-20 years of experience make up about a quarter 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 percent. A majority of the workforce has between one and nine years of experience.

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.
Nashville offers some of the highest pay in the country for Loss Prevention Managers, 36 percent above the national average. Also paying near the top of the field are San Francisco, New York, Los Angeles, and Dallas, where Loss Prevention Managers annually earn 36 percent, 32 percent, 20 percent, and 5 percent more than the national average. With compensation 4 percent below the national average, Houston is not known for hefty paychecks and actually represents the lowest-paying market.

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

Highly satisfied Image
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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