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

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Loss Prevention Managers career information
pros and cons of being a Loss Prevention Manager

Loss Prevention Managers

plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

$115590
Salary
75%
Job Satisfaction
Hard
Becoming One
Low
Job Growth
Suitable Personality

Loss Prevention Managers

Salary, Job Description, How To Be One and More


In this career summary, you will find out what the job of a Loss Prevention Manager 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

Loss Prevention Managers plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.


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




    Become one

    schools for Loss Prevention Managers

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    Salary

    Average salary
    $115590 per year

    Average hourly wage
    $56 per hour


    Loss Prevention Managers with little to no experience tend to make between $52550 and $75460 while the more experienced ones can earn over $143230 per year.

    Top 5 paying statesHourlyAnnual
    DC$71$147,460
    CA$69$143,350
    NJ$67$138,820
    CO$67$138,490
    VA$65$134,500

    One of the easiest ways to increase your salary as a Loss Prevention Manager is to move to a higher paying state like DC. Right now, the highest paying states for Loss Prevention Managers are DC, CA, NJ, CO and VA.

    However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Loss Prevention Manager is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    Bachelor’s Degree

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

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

    Natural Resource Recreation and Tourism
    Digital Communication and Media/Multimedia
    Information Technology Project Management
    Library and Information Science
    Archives/Archival Administration

    Read more about how to become a Loss Prevention Manager and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Loss Prevention Manager.

    PROS
    Suitable for people who likes to start and carry out projects
    Suitable for people who values achievements and are results-oriented
    This career is perfect for people who love to work indoors.
    One of the highest paid careers in the world
    CONS
    Not suitable for people who likes to work with designs
    It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
    Long working hours (More than 40 hours per week)



    What is the job like

    Job satisfaction
    75%

    Is this job meaningful
    62%


    75% of Loss Prevention Managers said they were satisfied with their job and 62% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Entrepreneurs 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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    Loss Prevention Managers job description, Loss Prevention Managers salary, Loss Prevention Managers information, what is the job of a Loss Prevention Manager like, pros and cons about Loss Prevention Managers, colleges and universities for Loss Prevention Managers, is Loss Prevention Managers the right career for me, careers in Management

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