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Loss Prevention Managers
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Description: what do they do?
Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.
Also known as:
Loss Prevention Operations Director, Loss Prevention Vice President (Loss Prevention VP), Loss Prevention Director, Loss Prevention Operations Manager, Logistics Loss Prevention Manager, Market Asset Protection Manager, Loss Prevention Manager, Loss Prevention Supervisor, Loss Control Manager, Asset Protection Manager

    What does this information tell me?

    This description is a quick overview of what workers in this career might do.

    "Also known as" shows other common names for this career.

    What is the source of this information?

    This information comes from an O*NET database. Learn more on the Help page.

Career video
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    Transcript: Some people seem to have a sixth sense about when something is not quite right, or when something is about to go wrong. Loss prevention managers have this special talent; they work with policies and practices to keep a company’s assets from illegally heading out the door. Loss prevention managers monitor shrinkage, or how much of a product is missing from inventory. To do this, they track the products going in and out of the store, and where they detect losses, they plan ways to reduce shrinkage. For example, they might reward employees who help catch shoplifters or monitor an area where products are going missing. These managers need integrity and courage to anticipate and interrupt theft, vandalism, and burglary. They often interview those involved to investigate losses, then work with store and law enforcement personnel to resolve issues. Are you ready to be on the move? Loss prevention managers usually train and supervise staff, sometimes at multiple locations, so this is a job that may require travel. Otherwise, they spend lots of time in the office filing, processing reports and evaluating loss prevention systems. Requirements to enter this field vary depending on the employer; for some a high school diploma and on-the-job training is all that’s needed, while others require a bachelor’s degree in criminal justice.
View transcript
Outlook: will there be jobs?
Image. Employment outlook for this occupation
New job opportunities are likely in the future.


    What does this information tell me?

    Outlook information can tell you whether a career is expected to be in demand in the future—that is, whether there are likely to be job openings if you choose this career. Careers can have one of three outlooks:

    • A Bright outlook means new job opportunities are very likely in the future
    • An Average outlook means that a small number of new job opportunities are likely in the future (less than an 8 percent increase)
    • A Below Average outlook means new job opportunities are less likely in the future

    You can also view local job listings in this field by clicking "Find job openings" above. This can help you see if local businesses are hiring—another way of looking at demand.

    What is the source of this information?

    This information comes from O*NET Bright Outlook occupations, 2019. Note this information is only available at a national level, so even if you selected a state, you’ll only see this information for the whole country.

Projected employment
Kentucky
8,580
2016 Employment
9,340
2026 Employment
9%
Percent change
690
Annual projected job openings
United States
1,079,600
2018 Employment
1,148,100
2028 Employment
6%
Percent change
91,300
Annual projected job openings
You’re seeing projected employment information for Managers, all other because we don’t have information for Loss Prevention Managers.

    What does this information tell me?

    Projected employment shows how much employment is expected to grow in this occupation over a 10-year period. This can help you decide if this career is a good choice for future job opportunities. You can look at projected employment in your state, or in other states where you might consider living.

    You can see the total number of people employed in this occupation in 2016 (for states) or 2018 (for the United States), the number expected to be employed in 2026 (for states) or 2028 (for the United States), and rate of growth over those years.

    The projections are based on assumptions of unemployment rates and labor productivity growth rates.  While the projected numbers may not be exact, they are helpful to compare one career to another, or one location to another.

    What is the source of this information?

    State-level data come from Projections Central and each state's Labor Market Information office, 2016-26.

    National-level data come from the Bureau of Labor Statistics Employment Projections, 2018-28.

Typical wages

Annual wages for Managers, All Other* in Kentucky
This graph displays wage data.  Find details by selecting the table view.
* You’re seeing wages for Managers, All Other because we don’t have information for Loss Prevention Managers.
This chart displays wage data.  Find details by selecting the table view.
LocationKentuckyUnited States
10%$45,020$52,550
25%$62,430$75,460
Median$89,310$107,480
75%$117,640$143,230
90%$145,520$183,430


    What does this information tell me?

    This chart shows you a range of how much most workers in this occupation earn per hour, in the location that you selected.

    You can select from three views of this data:

    • The Graph shows you wages at the 10th, 25th, 50th, 75th and 90th percentiles. Note that the lowest (10th %ile) wage shown is not necessarily a "starting wage." Instead it means that 10 percent of all workers in this career earn less that this amount, and 90 percent earn more. However, you can assume that you might earn close to the 10th or 25th %ile wages when you start out in most careers.
    • Select "Chart" to see a visual comparison between national wages and wages in the location you selected.
    • Select "Table" to see more wage data the national and local level.

    Please note that wage data are not available at the city or ZIP code level. If you selected a city or ZIP code, you will see wage data for the regional area.

    Also note that in this update, 21 detailed occupations found within the 2010 Standard Occupational Classification (SOC) were replaced with 10 new aggregations of those occupations; read more about these OES changes.

    You can learn more about wages for this and other occupations by clicking “See more wages” above.

    What is the source of this information?

    The wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program, 2018 data. For more detailed state wage data, please find the link to your state's wage data program in the Other Resources box.

Education and experience: to get started
People starting in this career usually have:
  • Bachelor's degree
  • Less than 5 years work experience
  • No on-the-job training

Programs that can prepare you:
You’re seeing education information for Managers, all other because we don’t have information for Loss Prevention Managers. Please note the information may not be the same for both occupations.

    What does this information tell me?

    This shows you the typical level of education, work experience, and on-the-job training that most people have when they start in this career. Note that these are not requirements for entering this field, but the information can help you understand how qualified you might be.

    Interested in starting in this career? You can search for education programs in your local area by clicking “Find local training” above.

    What is the source of this information?

    This information comes from the U.S. Department of Labor's Bureau of Labor Statistics Employment Projections, Education and training assignments by detailed occupation, 2018.

Typical education
How much education do most people in this career have?
Chart. Percent of workers in this field by education level attained
You’re seeing education information for Managers, all other because we don’t have information for Loss Prevention Managers. Please note the information may not be the same for both occupations.

    What does this information tell me?

    This chart shows you the range of education levels that people who currently work in this field have. You can use this to see if you fit in this range. Note that this includes ALL people who work in this field and not just those getting started.

    Interested in getting qualified for this career? You can search for programs that lead to the education needed, in your local area, by clicking “Find local training” above.

    What is the source of this information?

    This information comes from the Bureau of Labor Statistics Employment Projections, Educational attainment for workers 25 years and older by detailed occupation, 2016–17.

Certifications: show your skills
Let employers know you have the skills to do well at this job.
Earning a certification can help you:
  • Get a job
  • Get a promotion

    What does this information tell me?

    When you click "Find certifications" you'll see a list of national certifications that are related to this career. From there, you can learn how to achieve one of these certifications to help you enter or get ahead in this field.

    What is the source of this information?

    This collection of occupational certifications is collected and regularly updated by CareerOneStop. Learn more at Certification Finder Help.

Licenses: do you need one?
Some states require an occupational license to work in this career.

    What does this information tell me?

    When you click "Find license details in your state" you'll see the license name and contact information for the agency in your state that oversees licensing for this field. If you have not selected a location, you'll see a list of all state licenses for this occupation.

    What is the source of this information?

    Information on licensed occupations is gathered in each state by Labor Market Information units under a grant from the U.S. Department of Labor. Learn more at License Finder Help.

Apprenticeships: learn on the job
Apprenticeships combine paid on-the-job-training with classroom lessons.

Activities: what you might do in a day
  • Manage organizational security activities.
  • Examine financial records to ensure compliance with policies or regulations.
  • Conduct employee training programs.
  • Interview employees, customers, or others to collect information.
  • Develop emergency response plans or procedures.
  • Analyze risks to minimize losses or damages.
  • Develop operating strategies, plans, or procedures.
  • Supervise employees.
  • Hire personnel.
  • Advise others on legal or regulatory compliance matters.
  • Establish interpersonal business relationships to facilitate work activities.
  • Conduct financial or regulatory audits.
  • Maintain operational records.
  • Determine resource needs.
  • Inspect condition or functioning of facilities or equipment.
  • Monitor organizational compliance with regulations.
  • Determine operational compliance with regulations or standards.
  • Analyze forecasting data to improve business decisions.
  • Communicate with government agencies.
  • Monitor flow of cash or other resources.
  • Recommend organizational process or policy changes.
  • Monitor organizational procedures to ensure proper functioning.
  • Advise others on business or operational matters.
  • Develop computer or information systems.

    What does this information tell me?

    This is a list of typical work activities that people in this career might do on the job. You can use this list to get an idea of whether this career might be a good fit for you.

    Click on “More activities” to see more detailed examples of activities for this career.

    You can also use this list to help you prepare for a job interview. Or, if you’ve already held a job like this, you can copy these activities to use on your resume.

    What is the source of this information?

    This information comes from O*NET OnLine's Occupation Information. They are O*NET’s Detailed Work Activities.

Knowledge
People in this career often know a lot about:
  • Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Psychology - Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
  • Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

    What does this information tell me?

    This is a list of general knowledge areas that are most commonly required for jobs in the career. Knowledge is typically gained through education and related experience.

    This list can help you learn if you are prepared for a job in this career. It can also help you decide on education or training programs that could help you prepare for the career.

    What is the source of this information?

    This information comes from the O*NET Resource Center. Learn more about O*NET's Knowledge descriptors.

Skills
People in this career often have these skills:
  • Speaking - Talking to others.
  • Active Listening - Listening to others, not interrupting, and asking good questions.
  • Reading Comprehension - Reading work-related information.
  • Instructing - Teaching people how to do something.
  • Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
  • Judgment and Decision Making - Thinking about the pros and cons of different options and picking the best one.
  • Complex Problem Solving - Noticing a problem and figuring out the best way to solve it.
  • Monitoring - Keeping track of how well people and/or groups are doing in order to make improvements.
  • Time Management - Managing your time and the time of other people.
  • Writing - Writing things for co-workers or customers.
  • Persuasion - Talking people into changing their minds or their behavior.
  • Systems Evaluation - Measuring how well a system is working and how to improve it.
  • Systems Analysis - Figuring out how a system should work and how changes in the future will affect it.
  • Active Learning - Figuring out how to use new ideas or things.
  • Service Orientation - Looking for ways to help people.
  • Social Perceptiveness - Understanding people's reactions.
  • Management of Personnel Resources - Selecting and managing the best workers for a job.
  • Coordination - Changing what is done based on other people's actions.
  • Negotiation - Bringing people together to solve differences.

    What does this information tell me?

    This is a list of a list the work-related skills most commonly required for jobs in the career.

    This list can help you understand how well your current skills fit this career. It can also help you plan your education or professional development.

    What is the source of this information?

    This information comes from the O*NET Resource Center. Learn more about O*NET's Skills descriptors.

Abilities
People in this career often have talent in:
  • Oral Expression - Communicating by speaking.
  • Problem Sensitivity - Noticing when problems happen.
  • Near Vision - Seeing details up close.
  • Oral Comprehension - Listening and understanding what people say.
  • Written Comprehension - Reading and understanding what is written.
  • Deductive Reasoning - Using rules to solve problems.
  • Written Expression - Communicating by writing.
  • Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
  • Speech Recognition - Recognizing spoken words.
  • Speech Clarity - Speaking clearly.
  • Originality - Creating new and original ideas.

    What does this information tell me?

    This is a list of a list of personal qualities that might influence work and are most commonly required for success in this career.

    This list can help you understand if your natural strengths and abilities are a good fit for this career.

    What is the source of this information?

    This information comes from the O*NET Resource Center. Learn more about O*NET's Abilities descriptors.

Interests
  • Conventional - Occupations related to Conventional interests frequently involve following set procedures and routines. They include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
  • Enterprising - Occupations with Enterprising interests frequently involve starting up and carrying out projects. Many involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

    What does this information tell me?

    This is a list of work environment-preferences that are most commonly associated with the career. It can help you understand if your natural interests are a good fit for this career.

    Click "Take an interest assessment" for a quick 30-question assessment that can help you understand your interests and see careers that might be good matches for them.

    What is the source of this information?

    This information comes from the O*NET Resource Center. Learn more about O*NET's Interest descriptors.

Typical tasks
  • Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
  • Review loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
  • Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
  • Investigate or interview individuals suspected of shoplifting or internal theft.
  • Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
  • Identify potential for loss and develop strategies to eliminate it.
  • Hire or supervise loss prevention staff.
  • Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
  • Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
  • Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
  • Maintain documentation of all loss prevention activity.
  • Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
  • Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
  • Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
  • Visit stores to ensure compliance with company policies and procedures.
  • Analyze retail data to identify current or emerging trends in theft or fraud.
  • Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
  • Collaborate with law enforcement to investigate and solve external theft or fraud cases.
  • Coordinate theft and fraud investigations involving career criminals or organized group activities.
  • Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
  • Perform cash audits and deposit investigations to fully account for store cash.
  • Recommend improvements in loss prevention programs, staffing, scheduling, or training.
  • Direct installation of covert surveillance equipment, such as security cameras.
  • Monitor and review paperwork procedures and systems to prevent error-related shortages.
  • Advise retail establishments on development of loss-investigation procedures.
  • Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.

    What does this information tell me?

    This is a list of typical tasks that people in this career might do on the job.  You can use this list to get an idea of whether this career might be a good fit for you.

    Click on “More tasks” to see more detailed examples for this career.

    You can also use this list to help you prepare for a job interview. Or, if you’ve already held a job like this, you can copy these tasks to use on your resume.

    What is the source of this information?

    This information comes from O*NET OnLine's Occupation Information. They are O*NET‘s Tasks.

    What does this information tell me?

    These are additional online resources related to this career. You may find different or more detailed information at these sources.

    What is the source of this information?

    This information is collected and maintained by CareerOneStop.