$51,700
Avg. Salary
$20.07
Avg. Hourly Rate
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The average pay for a Loss Prevention Manager with Inventory Management skills is $20.07 per hour.

The average pay for a Loss Prevention Manager with Inventory Management skills is $51,700 per year.

10%
$0.00
10%
$20.07
50%
$0.00
90%
90%
MEDIAN $20.07
10%
$0
10%
$52k
50%
$0
90%
90%
MEDIAN $51,700

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.

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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.

Loss Prevention Manager Job Listings

Key Stats for Loss Prevention Manager

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
5-9 years
80%
10-19 years
20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

Years of Experience

5-9 years
80%
10-19 years
20%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 100%
vision benefits
Vision: 80%
no benefits
None: