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
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.
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.
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 states
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).
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.
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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.