Loss Prevention Manager Salary

The average Loss Prevention Manager in the United States earns approximately $44K annually. Compensation ranges between $30K and $64K per year. Total cash earnings of Loss Prevention Managers range from $30K on the low end to $64K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $8K and $4K, respectively. The most important factor affecting compensation for this group is geography, followed by career duration and the specific company. Job satisfaction for Loss Prevention Managers is high. Medical benefits are awarded to a strong majority, and a fair number earn dental coverage. Making up 77 percent of those who took the survey, male Loss Prevention Managers greatly outnumber their female counterparts. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$33,955 - $63,718
(Median)
$34K
$44K
$64K
MEDIAN: $44,338
10%
50%
90%

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$11.02 - $19.14
(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
$33,955 - $63,718  
   
Bonus
$0.00 - $7,727  
Profit Sharing
$0.00 - $3,973  
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).
)
$30,256 - $63,860  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 524
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
$11.02 - $19.14  
   
Overtime
$13.21 - $29.51  
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 - $7,727  
   
Profit Sharing
$0.00 - $3,973  
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).
)
$30,256 - $63,860  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 157

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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 some Loss Prevention Managers move into positions like Director of Loss Prevention (where the average salary is $74K), this progression is not the norm. 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. Although Macy's, Inc. offers the highest salaries (median pay is $45K), survey participants reported a rather limited pay range of $35K to $55K.

Offering only $36K on average, Kmart Corporation seems to pay the least. Moreover, the pay scale seems pretty narrow there; employees make $26K on the lower end and $49K on the higher end.


Loss Prevention Managers report using a diverse set of skills on the job. 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 pay less than market rate include Investigation. Safety Compliance and Security Risk Management are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Loss Prevention Manager

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


For Loss Prevention Managers, more experience in the field does not usually mean bigger paychecks. People who have worked for fewer than five years bring home $39K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $43K. For Loss Prevention Managers, 10 to 20 years of experience on the job amounts to an average salary of $48K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $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 118 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
33%
10-19 years
28%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 71%
vision benefits Vision: 58% employee benefits None: 20%