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.
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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 states||Hourly||Annual|
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.
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|
Pros and Cons
Here are some of the pros and cons of being a Retail Loss Prevention Specialist.
|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)|
|Not suitable for people who likes to help and teach others|
|One of the lowest paying jobs|
What is the job like
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
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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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