$50,325
Avg. Salary
$17.10
Avg. Hourly Rate

Average additional compensation:

$2,314

Bonus

$1,200

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Loss Prevention Manager is $17.10 per hour.

The average pay for a Loss Prevention Manager is $50,325 per year.

10%
$12.97
10%
$17.10
50%
$21.85
90%
90%
MEDIAN $17.10
10%
$37k
10%
$50k
50%
$76k
90%
90%
MEDIAN $50,325
$36,723 - $75,900
$37K
$50K
$76K
MEDIAN: $50,325
10%
50%
90%

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$12.97 - $21.85
$13
$17
$22
MEDIAN: $17.10
10%
50%
90%

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$0$75K
Salary $36,723 - $75,900
Bonus $0.00 - $7,567
Profit Sharing $0.00 - $4,114
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).
)
$33,018 - $74,596
  • Country: United States
  • Currency: USD
  • Updated: 21 Mar 2019
  • Individuals Reporting: 411
Hourly Data $0$33
Hourly Rate $12.97 - $21.85
Overtime $18.23 - $33.48
Annual Data $0$74K
Bonus $0.00 - $7,567
Profit Sharing $0.00 - $4,114
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).
)
$33,018 - $74,596
  • Country: United States
  • Currency: USD
  • Updated: 21 Mar 2019
  • Individuals Reporting: 170

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.

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.

Popular Employer Salaries for Loss Prevention Manager


Leading companies who hire large numbers of Loss Prevention Managers include Lowe's Companies, Inc, Macy's, Inc., Lowe's Home Improvement Inc., Kmart Corporation, and Sears Holdings Corporation. JCPenney offers the largest salaries in town — $54K on average. Soaring salaries can also be found at Sears Holdings Corporation, Macy's, Inc., and Lowe's Companies, Inc, where earnings of $50K, $47K, or $43K are standard for Loss Prevention Managers.

Offering a median salary of only $35K, Kmart Corporation pays the least. Not only that, but the earnings range of $23K to $44K is pretty narrow, too. Others at the bottom of the scale for this job include Target Corporation at $40K, and Lowe's Home Improvement Inc. where $41K is the norm, but it is worth noting that some Loss Prevention Managers there earn up to $59K.

Common Career Paths for Loss Prevention Manager


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Loss Prevention Managers who transition into a Director of Loss Prevention role may receive large pay increases as the latter position pays an average $75K per year. Regional Managers of Loss Prevention or District Loss Prevention Investigators are common next-step roles for Loss Prevention Managers moving up in their careers; annual pay for Regional Managers of Loss Prevention is $25K higher on average, and it's $5K higher for District Loss Prevention Investigators.

Loss Prevention Manager Job Listings

Popular Skills for Loss Prevention Manager


Loss Prevention Managers generally report applying a varied skill set to their work. Most notably, facility with Investigations, Security Policies and Procedures, and Inventory Management are correlated to pay that is significantly above average, leading to increases of 53 percent, 25 percent, and 10 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Investigation, Inventory Control, and Safety Compliance. Those educated in Safety Compliance tend to be well versed in Inventory Control.

Pay by Experience Level for Loss Prevention Manager

Pay by Experience for a Loss Prevention Manager has a positive trend. An entry-level Loss Prevention Manager with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 141 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loss Prevention Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $45,000 based on 126 salaries. An experienced Loss Prevention Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $53,000 based on 113 salaries. A Loss Prevention Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $55,000 based on 43 salaries.

Pay Difference by Location

35%

National Average: $46,719

Larger city markers indicate a job is popular in that location.

Loss Prevention Manager Reviews

Q: What is it like working as a Loss Prevention Manager?

Loss Prevention Manager in Fort Lauderdale:
"Becoming an asset."
Pros: The opportunity for growth
Cons: Long hours

Loss Prevention Manager in Rapid City:
"Full filling."
Pros: Weather
Cons: Cooler months

Loss Prevention Manager in Carbondale:
"Decent company."
Pros: The job has some great perks including healthcare, pto, and incentives for reaching goals. The policies and procedures that are in place work well if used. Also, their training program and blue prints are great for new associated if used.
Cons: Like any company management is not consistent. They do no enforce the training programs at a store level.

Loss Prevention Manager in Boston:
"Great! Employer who treats employees fair."
Pros: Allows you to make decisions for your self on behalf of the company with macys structure and store responsibility.
Cons: Stressful, Not great for home/life balance. Corporate structure has to many hours as salary and not enough recognition for job well done in times of stress.

Related Job Salaries

Key Stats for Loss Prevention Manager

Gender

Female
23 %
Male
77 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 96 votes.
Less than 1 year
3%
1-4 years
27%
5-9 years
27%
10-19 years
31%
20 years or more
12%

Experience Affects Loss Prevention Manager Salaries

▲18%

▲14%

National Average
$47,000

▼4%

▼14%

Skills That Affect Loss Prevention Manager Salaries

Investigations
▲50%

Security Policies and Procedures
▲24%

Inventory Management
▲8%

National Average
$47,000


People Management
▼3%



Investigation
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 96 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
3%
1-4 years
27%
5-9 years
27%
10-19 years
31%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 71%
vision benefits
Vision: 63%
no benefits
None: 19%