The average salary for a Director of Loss Prevention is $84,498.
Director of Loss Prevention by
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What Do Director of Loss Preventions Do?
Directors of loss prevention work primarily in retail organizations in which merchandise is in high demand, and their work is essential to these organizations to prevent loss of inventory. They are responsible for investigating situations in which products may be missing or stolen, as well as overseeing other loss prevention officers and performing audits throughout departments to ensure nothing has been stolen. They also record daily, weekly, and monthly reports for company executives which pro…Read more
Director of Loss Prevention Tasks
- Supervise and direct a team of loss prevention personnel, and evaluate the performance of individuals and the department.
- Develop and implement strategies and technology for reducing shrink in all of a company's stores.
- Coordinate investigations of stolen merchandise, property, or cash, with local managers and the police.
- Institute programs which reduce losses, such as discouraging internal dishonesty and teaching employees how to identify shoplifters.
- Oversee store audits of merchandise and cash, and ensure audits comply with company policies and procedures.
Job Satisfaction for Director of Loss Prevention
Director of Loss Prevention Job Listings
What Are Popular Skills for Director of Loss Preventions?
Skills in Fraud Investigation and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Security Risk Management, Theft Investigation and Security Policies and Procedures.
What is the Pay by Experience Level for Director of Loss Preventions?
An early career Director of Loss Prevention with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $65,000 based on 6 salaries. A mid-career Director of Loss Prevention with 5-9 years of experience earns an average total compensation of $69,532 based on 19 salaries. An experienced Director of Loss Prevention with 10-19 years of experience earns an average total compensation of $86,626 based on 44 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,865.
Pay Difference by Location
Employees with Director of Loss Prevention in their job title in Seattle, Washington earn an average of 60.4% more than the national average. These job titles also find higher than average salaries in Nashville, Tennessee (21.9% more) and New York, New York (20.9% more). The lowest salaries can be found in Anaheim, California (23.1% less), Jacksonville, Florida (11.2% less) and Grand Rapids, Michigan (1.8% less).
Years of Experience
This data is based on 127 survey responses.