Retail Loss Prevention Specialists: Salary, Job Description, How To Be One and More

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Retail Loss Prevention Specialists jobs information
pros and cons of being a Retail Loss Prevention Specialist

Retail Loss Prevention Specialists

Other names for this job might include Asset Protection Associate (APA), Asset Protection Lead, Asset Protection Specialist, Loss Prevention Agent, Loss Prevention Associate (LPA), Loss Prevention Detective, Loss Prevention Investigator, Loss Prevention Leader, Loss Prevention Manager, Loss Prevention Officer


  • $32690
    Salary
  • 70%
    Job satisfaction
  • Easy
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

C+



Loss Prevention Associates: Know It All In 1 Minute


In this career summary, you will find out what the job of A Loss Prevention Associate is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Retail Loss Prevention Specialists implement procedures and systems to prevent merchandise loss. Conduct audits and investigations of employee activity. May assist in developing policies, procedures, and systems for safeguarding assets.

  • Investigate known or suspected internal theft, external theft, or vendor fraud.
  • Implement or monitor processes to reduce property or financial losses.
  • Identify and report merchandise or stock shortages.
  • Maintain documentation or reports on security-related incidents or investigations.

Read more about what does A Loss Prevention Associate really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$32690 per year

Hourly wage
$15.72 an hour


Loss Prevention Associates with little to no experience tend to make between $18740 and $21580 while the more experienced ones make over $38850 per year.

Top 5 paying statesHourlyAnnual
ND$22.74$47300
NV$22.3$46390
NM$21.55$44820
DC$20.1$41810
MN$19.93$41450

1 of the easiest ways to increase your salary as A Loss Prevention Associate is to move to a higher paying state like ND. Right now, the highest paying states for Loss Prevention Associates are ND, NV, NM, DC and MN.

However a higher pay at ND doesn’t guarantee that you will make more because the living expenses at ND might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Loss Prevention Associate is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Loss Prevention Associates make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
High School Diploma (or GED)

We asked other Loss Prevention Associates what degree they had when they got the job and most of them said they had a High School Diploma followed by Associates degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

No degree required

Another popular question from our readers is what makes A Loss Prevention Associate successful or would they be good in this career.

Well, we found that most successful Loss Prevention Associates have these 5 skillsets.

Critical Thinking
Active Listening
Speaking
Monitoring
Social Perceptiveness

In addition to that, 1 common characteristic among successful Loss Prevention Associates is they are good at Integrity. Here are the top 5 common characteristics.

Integrity
Self Control
Attention to Detail
Stress Tolerance
Dependability
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Loss Prevention Associate and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Loss Prevention Associate as your career.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who wants independence and likes to work on their own and make decisions
This career is perfect for people who love to work indoors.
It is easy to get into this career. Some previous workrelated skill, knowledge, or experience is required for this career.
Normal working hours (40 hours per week)
CONS
Not suitable for people who likes to help and teach others
One of the lowest paying jobs


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
70%

Is this job meaningful
72%


Working hours
40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Retail Loss Prevention Specialists work 40 hours per week.

70% of Loss Prevention Associates said they were satisfied with their job and 72% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Persuaders and The Organizers


You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.

They also like following set procedures and routines. They like working with data and details more than with ideas.



How we can help

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Related to Retail Loss Prevention Specialists Career Information

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Additional resources

OwlGuru.com
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Retail Loss Prevention Specialists
Written by: Stanley Tan
Loss Prevention Associates implement procedures and systems to prevent merchandise loss. Conduct audits and investigations of employee activity. May assist in developing policies, procedures, and systems for safeguarding assets.
3.8 / 5 stars

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