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.
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.
$32690 per year
$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 states||Hourly||Annual|
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).
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.
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.
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.
|Attention to Detail|
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A Loss Prevention Associate as your career.
|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)|
|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
Is this job meaningful
40 hours per week
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.
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