Regional Manager, Loss Prevention Salary
The average salary for a Regional Manager, Loss Prevention is $71,376 per year.
|Salary||$50,386 - $101,727|
|Bonus||$1,510 - $14,594|
|Profit Sharing||$0.00 - $15,893|
|Total Pay (||$49,853 - $104,668|
Job Description for Regional Manager, Loss Prevention
A regional manager of loss prevention generally works in a retail environment (such as a department store, drug store, or general merchandise store). They are primarily responsible for protecting company assets and improving profitability by implementing and developing security and safety programs. As this is a region-level position, the regional manager of loss prevention is responsible for supervising and managing loss-prevention managers within a group of stores. This is typically a position that requires traveling to the stores within their region. While the hours for this position are typically traditional office hours, this may vary depending on travel needs.Read More...
A regional loss prevention manager is responsible for minimizing overall financial losses of the retail operation related to theft, vandalism, accident, and injury. It requires constant communication with subordinate store loss prevention managers, as well as law enforcement personnel. This person should be able to develop and implement ways to detect safety and security violations, as well as develop and implement prevention programs. The regional manager of loss prevention should exhibit excellent leadership skills, a deep understanding of the stores and its clientele, and good management skills.
Experience and education required for this position generally varies depending on the company. Generally, a regional manager of loss prevention needs at least five years of related experience. A bachelor’s in criminal justice or a related field is often preferred and sometimes required.
Regional Manager, Loss Prevention Tasks
- Develop and implement strategies and technology to prevent the theft of merchandise from stores across a geographic area.
- Lead the investigation of cases involving stolen merchandise, working with the police to prosecute shoplifters.
- Plan and oversee audits of store merchandise to detect losses.
- Train workers to identify thefts and what steps to take to reduce merchandise loss.
Pay by Experience Level for Regional Manager, Loss Prevention
Pay by Experience for a Regional Manager, Loss Prevention has a positive trend. An entry-level Regional Manager, Loss Prevention with less than 5 years of experience can expect to earn an average total compensation of $68,000 based on 20 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regional Manager, Loss Prevention with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $64,000 based on 40 salaries. An experienced Regional Manager, Loss Prevention which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $80,000 based on 60 salaries. A Regional Manager, Loss Prevention with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $81,000 based on 38 salaries.
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