The average salary for a Loss Prevention Manager is $52,308.
Loss Prevention Manager by
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What Do Loss Prevention Managers Do?
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 l…Read more
Loss Prevention Manager Tasks
- 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.
- 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.
Job Satisfaction for Loss Prevention Manager
Popular Employer Salaries for Loss Prevention Manager
The top respondents for the job title Loss Prevention Manager are from the companies Lowe's Companies, Inc, Lowe's Home Improvement Inc. and Amazon.com Inc. Reported salaries are highest at Amazon.com Inc where the average pay is $67,407. Other companies that offer high salaries for this role include Marriott International, Inc. and Nordstrom, Inc., earning around $52,925 and $51,662, respectively. Army and Air Force Exchange Service (AAFES) pays the lowest at around $32,000. Macy's, Inc. and Lowe's Companies, Inc also pay on the lower end of the scale, paying $46,475 and $50,836, respectively.
Loss Prevention Manager Job Listings
What Are Popular Skills for Loss Prevention Managers?
Skills that pay less than market rate include Security Policies and Procedures, Theft Investigation, Inventory Control, Security Risk Management and Safety Compliance.
What is the Pay by Experience Level for Loss Prevention Managers?
An entry-level Loss Prevention Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,647 based on 9 salaries. An early career Loss Prevention Manager with 1-4 years of experience earns an average total compensation of $46,135 based on 130 salaries. A mid-career Loss Prevention Manager with 5-9 years of experience earns an average total compensation of $52,439 based on 114 salaries. An experienced Loss Prevention Manager with 10-19 years of experience earns an average total compensation of $57,236 based on 133 salaries. In their late career (20 years and higher), employees earn an average total compensation of $63,532.
Pay Difference by Location
Employees with Loss Prevention Manager in their job title in New York, New York earn an average of 31.1% more than the national average. These job titles also find higher than average salaries in Denver, Colorado (14.7% more) and Philadelphia, Pennsylvania (3.2% more). The lowest salaries can be found in Seattle, Washington (18.8% less), Dallas, Texas (16.9% less) and Atlanta, Georgia (9.0% less).
Years of Experience
This data is based on 448 survey responses.