- Loss prevention specialists average around $10 per hour
- The number of jobs in loss prevention is growing
- You'll need to be able to pass a rigorous background check
Cue the secret agent music and get your 007 tuxedo on, because you're going to need to channel your inner super spy to work in loss prevention (also called asset protection). Okay, to be fair, there is no Aston Martin company vehicle, but the upside is that you probably won't risk life and limb on the job. Your goal is to keep ne'er-do-wells from plundering the merchandise of some of the nation's most popular retailers.
Most loss prevention specialists work at the front of the store, examining purchase receipts and greeting customers. Their primary goal is verifying that each customer is leaving the store with only the merchandise they've purchased. You will need to be highly attentive to detail and very friendly. Some customers may wrongly assume that you're accusing them of stealing, so you'll need to be able to explain the company's policy in a friendly and non-accusatory way.
Other types of loss prevention specialists work in plain clothes, patrolling the aisles of the store. These people typically have another person on their team watching the cameras and alerting them of suspicious activity. These types of asset protection jobs are much more common in larger retailers like Kmart, Sears or JCPenney.
No matter which type of position you have, you'll need to be able to pass a thorough background check. Any type of criminal activity will likely exclude you from these positions. You'll need to be able to show good judgment and common sense, follow directions clearly and in some cases testify accurately in court. In this position, you'll have to carefully follow company policies and guidelines to limit company liability.
How much do loss prevention specialists make?
The average hourly pay for a loss prevention specialist is around $10.65 per hour. Like in most jobs, pay will vary by skill level and location. What are the education requirements to be a loss prevention specialist?
A high school diploma or GED is sufficient education for a loss prevention or asset protection position. Most employers will offer short-term, on-site training so you can learn how to use their equipment and meet all the job requirements.
Career paths for loss prevention
Typically a loss prevention specialist will report to an inventory or operations manager. A successful loss prevention specialist may be able to move into a management role in one of these areas.
The future of loss prevention jobs
According to the Bureau of Labor Statistics, job opportunities for loss prevention specialists should be good because of growing demand for these workers and the need to replace workers who leave their current positions. Controlling theft is one of the easiest ways to increase how much money a store makes, so companies are consistently trying to attract the best people for these positions. The limited training requirements and flexible hours attract many people seeking second or part-time jobs.
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