Retail Loss Prevention Specialists: Salary, Job Description, How To Become One, and Quiz

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Loss Prevention Associates career information
pros and cons of being a Retail Loss Prevention Specialist

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.

$34650
Salary
70%
Job Satisfaction
Easy
Becoming One
Medium
Job Growth
Suitable Personality

Retail Loss Prevention Specialists

Salary, Job Description, How To Become One, and More


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


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




    Become one

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    Salary

    Average salary
    $34650 per year

    Average hourly wage
    $17 per hour


    Loss Prevention Associates with little to no experience tend to make between $20530 and $23730 while the more experienced ones can earn over $40460 per year.

    Top 5 paying statesHourlyAnnual
    DC$26$54,200
    VA$23$47,960
    NM$23$47,310
    NV$21$44,560
    OK$21$44,330

    One of the easiest ways to increase your salary as a Retail Loss Prevention Specialist is to move to a higher paying state like DC. Right now, the highest paying states for Loss Prevention Associates are DC, VA, NM, NV and OK.

    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 Retail Loss Prevention Specialist is the degree you hold, the industry you work in and lastly the company you work for.



    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 an Associate’s 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

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



    Pros and Cons

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

    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 work-related 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



    What is the job like

    Job satisfaction
    70%

    Is this job meaningful
    72%


    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 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.



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