How to Become a Loss Prevention Specialist: Career and Salary Information
Retail loss prevention professionals keep an eye out for staff theft or unethical behavior. Loss prevention specialists may hold people who are attempting to shoplift, report such activity to local authorities, and conduct departmental audits. The job entails inspecting items in shopping malls and big-box stores like Wal-Mart and Target.
Steps for Becoming a Loss Prevention Specialist
An associate’s or bachelor’s degree in retail loss prevention is a good option. A high school diploma or GED is the minimal educational requirement. Applicants must be able to work throughout normal retail hours, which typically include evenings and weekends. A background check for loss prevention specialists may be necessary.
Loss Prevention Specialist Job Training
For a few days or weeks, a loss prevention specialist will be supervised by a more experienced trainer. On a daily basis, the trainee will learn the job’s routines, policies, and procedures. These responsibilities will then be completed by new loss prevention specialists on their own.
Other Helpful Skills and Experience
Strong observation skills, acute critical thinking skills, and good communication skills are required of loss prevention specialists. They must be able to spot suspicious patron behavior and other activities that could indicate theft. Loss prevention specialists benefit from an authoritative approach combined with a calm demeanor.
Possible Job Titles for This Career
Contact the colleges listed here to learn more about program formats, transfer criteria, financial aid packages, and more. For information on how to apply for financial help and transfer credits, go to their website.
Loss Prevention Specialist Salary and Job Outlook
According to O*NET OnLine, the median income for a loss prevention specialist in 2017 was $30,240. The economy has a significant impact on the prevalence of theft in retail outlets, thus the job prospects for loss prevention specialists is influenced by it.
A person who works in the subject of loss prevention is known as a loss prevention specialist.
Frequently Asked Questions
A college diploma is not required to work in loss prevention. Loss prevention professionals work at retail businesses most of the time, thus their hours are similar. Late nights, third shifts, and weekends are common retail hours, especially for large chains. Some people with bachelor’s or associate’s degrees may have a better chance of landing managerial jobs.
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How much do you make in loss prevention?
Salaries for Loss Prevention
|Kroger Loss Prevention salaries – 94 salaries reported||$37,430/yr|
|Ross Stores Loss Prevention salaries – 92 salaries reported||$11/hr|
|Von Maur Loss Prevention salaries – 67 salaries reported||$38,475/yr|
|Omni Hotels Loss Prevention salaries – 58 salaries reported||$32,626/yr|
What is the job of loss prevention?
Loss prevention professionals use a variety of strategies to limit the incidence of theft in stores. Pose as a shopper or monitor video feeds in a control room to keep an eye on questionable people. Set up stings and investigations of retail personnel who are accused of stealing or defrauding their own store.
How do I become a loss prevention manager?
Although not needed for all jobs, a four-year degree in business or criminal justice is preferred by many. To qualify for a management-level role, most employers require candidates to have at least three to five years of loss-prevention experience in a retail setting.
What does a loss prevention specialist do?
Specialists in loss prevention keep an eye on the sales floor to prevent stealing and price tag tampering. They may patrol on foot in full uniform to avoid theft, or they may dress in street clothing and pose as customers while looking for what is known as “the steps.”
Is Loss Prevention allowed to touch you?
4. LP is not allowed to touch you or chase you down. Loss prevention is not authorized to chase you down or physically touch you if you are stopped for shoplifting.
What does Walmart loss prevention pay?
How much does a Walmart Loss Prevention employee earn? The average wage for a Loss Prevention Specialist at Walmart is $13. Walmart’s Loss Prevention wages range from $4 to $19. This pay estimate is based on 7 Walmart Loss Prevention salary report(s) submitted by employees or statistical methods.
What is the main duty for loss prevention security?
Loss Prevention Security Officers not only prevent robberies and thefts, but also give services to improve each customer’s experience.
Why do you want to work in loss prevention?
What motivates you to pursue a career as a loss prevention associate (officer)? You believe you have what it takes to be a successful loss prevention associate because of your ability to stay focused throughout a lengthy shift and identify suspicious conduct in the store.
What is loss prevention closing entry?
Your bank will cancel your account if you have overdrawn a checking/credit card account, used up all of your overdraft options, and failed to repay your bill. On your statement, you’ll see a “loss prevention closing entry” message.
What makes a good loss prevention officer?
Loss Prevention Officers must be detail-oriented team members with good leadership and decision-making abilities to be successful in this position. Loss Prevention Officers must fill out reports, interview shoplifters, and interact with police, therefore strong verbal and writing communication skills are required.
How much does Nordstrom loss prevention pay?
How much does a Nordstrom Loss Prevention Agent make? The average wage for a Nordstrom Loss Prevention Agent is $17. Salary ranges from $8 to $44 for Loss Prevention Agents at Nordstrom.
What is Loss Prevention Certification?
The LPCertified (LPC) is an advanced certification for experienced loss prevention / asset protection specialists that integrates loss prevention practices and logistics into retail profit centers. In addition, the LPF offers LPC instructional materials in the form of a college-accredited, web-based course.
How much does loss prevention make at Amazon?
Based on 6 salaries, a mid-career Loss Prevention Manager with 5-9 years of experience gets an average total compensation of $67,407 (including tips, bonus, and overtime pay). The average total income for a Loss Prevention Manager with 10-19 years of experience is $67,407, based on 5 salaries.
Does loss prevention need guard card?
When it comes to the security and loss prevention industry, the state of California’s Bureau of Security & Investigative Services offers two types of licenses: the guard card and the proprietary security officer license. 1) Guard Cards – Anyone working as a security guard is required to have a guard card.
How much does an Amazon loss prevention specialist make?
Salary for a Loss Prevention Specialist at Amazon might range from $17 to $18. Based on 1 Amazon Loss Prevention Specialist salary report(s) submitted by employees or estimated based on statistical techniques, this estimate is based on 1 Amazon Loss Prevention Specialist salary report(s) provided by employees or estimated based on statistical methods. To see how this matches up to other Loss Prevention Specialist salaries, have a look at the salary for Loss Prevention Specialist.