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The differences between asset protection associates and loss prevention analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an asset protection associate has an average salary of $41,564, which is higher than the $38,684 average annual salary of a loss prevention analyst.
The top three skills for an asset protection associate include customer service, loss prevention and store management. The most important skills for a loss prevention analyst are loss prevention, customer service, and camera surveillance.
| Asset Protection Associate | Loss Prevention Analyst | |
| Yearly salary | $41,564 | $38,684 |
| Hourly rate | $19.98 | $18.60 |
| Growth rate | 3% | 6% |
| Number of jobs | 84,642 | 62,658 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 39% |
| Average age | 43 | 33 |
| Years of experience | - | - |
An asset protection associate is responsible for monitoring the operational activities to ensure the safety and security of the assets and enforcing strict regulations to avoid financial loss through theft instances and fraud activities. Asset protection associates' duties include reiterating safety regulations for everyone's compliance, observing and reporting suspicious movements inside the premises, utilizing surveillance cameras and security equipment to trace incidents, and performing necessary inspections for all employees as advised. An asset protection associate must be knowledgeable with the security systems and implement strategies that would contribute to the company's development.
A loss prevention analyst designs and develops loss prevention programs, typically for retail establishments. They are in charge of providing analytical services primarily to avoid or resolve cases of theft and fraud. Among their responsibilities include gathering and analyzing financial and inventory data, inspecting alarm systems and protocols, performing research and analysis to identify the best practices, determining the strengths and weaknesses of current loss prevention techniques, and implementing solutions against vulnerable areas. Furthermore, a loss prevention analyst must maintain an active communication line with managers and loss prevention officers for a smooth and efficient workflow.
Asset protection associates and loss prevention analysts have different pay scales, as shown below.
| Asset Protection Associate | Loss Prevention Analyst | |
| Average salary | $41,564 | $38,684 |
| Salary range | Between $22,000 And $77,000 | Between $21,000 And $68,000 |
| Highest paying City | Arlington, VA | Urban Honolulu, HI |
| Highest paying state | Alaska | Hawaii |
| Best paying company | Ropes & Gray | Barclays |
| Best paying industry | Retail | Finance |
There are a few differences between an asset protection associate and a loss prevention analyst in terms of educational background:
| Asset Protection Associate | Loss Prevention Analyst | |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 39% |
| Most common major | Criminal Justice | Criminal Justice |
| Most common college | - | California State University - Bakersfield |
Here are the differences between asset protection associates' and loss prevention analysts' demographics:
| Asset Protection Associate | Loss Prevention Analyst | |
| Average age | 43 | 33 |
| Gender ratio | Male, 72.0% Female, 28.0% | Male, 67.7% Female, 32.3% |
| Race ratio | Black or African American, 11.8% Unknown, 5.3% Hispanic or Latino, 20.3% Asian, 6.1% White, 54.9% American Indian and Alaska Native, 1.6% | Black or African American, 8.3% Unknown, 7.3% Hispanic or Latino, 14.3% Asian, 4.2% White, 65.6% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 6% | 7% |