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Retail loss prevention, or asset protection, is a job involving the investigation of individual instances or patterns of larceny or theft in the retail sector. Typical sources of retail loss include employee theft, shoplifting, vendor and reporting error, embezzlement, fraud and corporate sweethearting. As a loss prevention specialist, it is your job to investigate and apprehend criminals involved in this type of retail theft.
A popular method that loss prevention specialists use to investigate retail theft is exception-based reporting which utilizes computerized point-of-entry sale records to identify patterns of loss. In your career you most likely will also utilize cameras and CCTV monitoring, electronic article surveillance and ink tags, mirrors, windows and viewing towers. The loss prevention job also includes the use of consent searches, body searches and container searches.
When starting your career, you may be hired as a loss prevention officer, agent or associate. Front line security guards keeping an eye on shoppers while they are in the store is a visible part of retail loss prevention. Advancing your career in loss prevention might earn job titles like loss prevention investigator, store detective or asset protection manager. These positions might include high tech monitoring of inventory and more advanced investigations in to vendor and reporting errors, corporate theft, and credit card or check fraud. These asset protection jobs are less visible, but are none the less important in keeping control of inventory in the retail sector.
Loss prevention agents work in some of the top retail stores across the country including Kohl’s, K-mart, Target, Wal-mart, Marshall’s, Best Buy, Lowe’s, Sears, J.C. Penney, Nordstrom’s, Macy’s, and many other shopping malls and retailers. Starting salary for loss prevention agents can range anywhere from $9 - $14 /hour depending on company and location. Coaches and managers in loss prevention can make between $30,000 and $45,000 a year. Regional loss prevention managers and corporate asset protection detectives can pull down salaries as much as $65,000 a year, or more.
No special certification or education requirements exist to start a career in loss prevention. In order to advance in the field of retail asset protection, a high school or college degree would be beneficial along with continuing industry training and experience in the use of loss prevention techniques like the ones mentioned above.
What else can I help you with?
Where can I look for loss prevention jobs?
The best place to look for jobs in loss prevention would be indeed.com. They offer many careers in loss prevention. Some jobs are assistant food production manager,regional manager,loss prevention specialist, and many more.
How would someone apply for jobs in loss prevention?
Applying for loss prevention jobs can be somewhat difficult. There are many websites that allow you to apply directly from them. One website that i'm sure you'll find really helpful is employmentguide.
Where can one go to get loss prevention jobs?
Loss prevention jobs are common at larger stores like Target and Best Buy. That said, it typically requires a college degree to be eligible for these kinds of jobs. Openings can be found online on sites like Career Builder or Monster.
How can I find jobs in loss prevention?
If you are looking for a job in loss prevention you can try going to the store or company you would like to work for and ask for an application. Most companies want you to have a bit of law training but it isnt usually required.
Tell about the loss prevention industry?
how you feel about the loss prevention industry.
What is the meaning of "LP jobs"?
LP jobs refers to Loss Prevention jobs. These would be jobs in department stores or grocery stores where people act as security for the stores. Although they are not police and do not carry firearms, they can watch for shoplifters.
When was Loss Prevention Foundation created?
Loss Prevention Foundation was created in 2006.
What is loss prevention?
Loss prevention in the business/retail world is the Monitoring and prevention of internal/external theft in a business or "shrinkage"
How much does kohls pay loss prevention?
Depends on how much experience and what position in the Loss Prevention Team you are applying for. The lowest paying rank in Loss Prevention is a Security Guard followed by a store detective. The highest paying would be President/VP of Loss Prevention followed by Regional and District Loss Prevention Manager.
Why do retailers use loss prevention?
Retailers use loss prevention because they fear people will come and steal their products. If they do not take up loss prevention, they will lose a lot of money every time an item is stolen.
What are the employment options at petco?
There are a wide range of employment options at Petco depending on your qualifications and experience. There are jobs at the Corporate level (Accounting, Loss Prevention, Human Resources), jobs in Distribution, jobs in Pet Services (such as Dog Training and Pet Salon work) and jobs in the retail section (Store Manager or Associate).
What is the difference between loss prevention and security?
Loss Prevention is for retail stores to ensure that items aren't stolen either by customers or employees. Prevention of profit loss basically. Security is to ensure the safety and well-being of people in a specific place (i.e. mall).
