Loss Prevention Officer Salary
|Salary||$24,805 - $55,149|
|Total Pay (||$20,679 - $36,920|
|Hourly Rate||$9.82 - $16.60|
|Overtime||$6.36 - $26.09|
|Total Pay (||$20,679 - $36,920|
Job Description for Loss Prevention Officer
Loss prevention officers help ensure that their company does not lose merchandise or goods through theft or other means. Basic day-to-day tasks include regular patrols in the field, completion of activity and incident reports, and the maintenance of security equipment. Depending on the size of the company, interaction with a team of other officers may occur; all positions require communication with managers and customers on a regular basis. Some companies require safety training prior to taking the position, both for handling accidents and for protecting company assets. Attention to detail and the ability to carefully follow company policies and requirements at all times are crucial to success in these positions.Read More...
Risks at the job are generally minimal, though stressful situations may occur and will require quick thinking and strong judgment skills. Most work is performed in an indoor environment, although some positions require outdoor patrols. Hours vary depending on the needs of their company, with some positions including overnight shifts and others limited to regular business operating hours. Positions as a loss prevention officer are available at a wide variety of retail locations ranging from local stores to more specialized environments such as hotels.
Job requirements are generally minimal for most openings, with basic requirements including a high school diploma or equivalent and experience with alarm systems. The job also has some physical requirements, such as vision and hearing, as well as the ability to sit, stand, or walk for extended periods of time. In addition to this, communication skills and basic computer skills are necessary to complete reports.
Loss Prevention Officer Tasks
- Conduct investigations into incidents and complaints.
- Direct managers on ways to mitigate inventory shrink.
- Patrol grounds, conduct surveillance and analyze surveillance monitors to detect suspected shoplifters.
- Respond to emergencies such as fire, accident, and safety concerns, and contact emergency personnel.
Popular Employer Salaries for Loss Prevention Officer
Marriott International, Inc. offers the highest compensation with a median salary of $28K.
Offering only $25K on average, Macy's, Inc. seems to pay the least. Moreover, the pay scale seems pretty narrow there; employees make $20K on the lower end and $48K on the higher end.
Pay by Experience Level for Loss Prevention Officer
Pay by Experience for a Loss Prevention Officer has a positive trend. An entry-level Loss Prevention Officer with less than 5 years of experience can expect to earn an average total compensation of $26,000 based on 129 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loss Prevention Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $28,000 based on 54 salaries. An experienced Loss Prevention Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $31,000 based on 31 salaries. A Loss Prevention Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $31,000 based on 10 salaries.
Key Stats for Loss Prevention Officer
Rated 4 out of 5
based on 33 votes.