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Asset protection manager vs loss prevention associate

The differences between asset protection managers and loss prevention associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, an asset protection manager has an average salary of $83,821, which is higher than the $38,861 average annual salary of a loss prevention associate.

The top three skills for an asset protection manager include customer service, loss prevention and CCTV. The most important skills for a loss prevention associate are customer service, patrol, and safety standards.

Asset protection manager vs loss prevention associate overview

Asset Protection ManagerLoss Prevention Associate
Yearly salary$83,821$38,861
Hourly rate$40.30$18.68
Growth rate3%6%
Number of jobs62,72782,313
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 36%
Average age4733
Years of experience--

What does an asset protection manager do?

In a company setting, an asset protection manager is primarily in charge of devising strategies to protect a company's financial assets. Their responsibilities revolve around performing research and analysis to identify client needs, developing security structures to prevent theft and other illegal activities within the company, performing risk assessments, and conducting thorough investigations on any reported discrepancies. Furthermore, as an asset protection manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.

What does a loss prevention associate do?

A loss prevention associate is responsible for monitoring the organization's daily operations, maintaining the safety and security of all network systems to avoid data theft. Loss prevention associates take immediate actions on all related suspicious activities that would compromise the company's reputation and financial status. They regularly check surveillance technologies to maintain asset protection and operational stability at all times. A loss prevention associate should have excellent communication skills, both written and oral, especially on writing incident reports and escalating unusual activities to the management for immediate resolution.

Asset protection manager vs loss prevention associate salary

Asset protection managers and loss prevention associates have different pay scales, as shown below.

Asset Protection ManagerLoss Prevention Associate
Average salary$83,821$38,861
Salary rangeBetween $51,000 And $137,000Between $21,000 And $69,000
Highest paying City-Salisbury, MD
Highest paying state-Virginia
Best paying company-AIG
Best paying industry-Utilities

Differences between asset protection manager and loss prevention associate education

There are a few differences between an asset protection manager and a loss prevention associate in terms of educational background:

Asset Protection ManagerLoss Prevention Associate
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 36%
Most common majorCriminal JusticeCriminal Justice
Most common college-California State University - Bakersfield

Asset protection manager vs loss prevention associate demographics

Here are the differences between asset protection managers' and loss prevention associates' demographics:

Asset Protection ManagerLoss Prevention Associate
Average age4733
Gender ratioMale, 75.4% Female, 24.6%Male, 68.7% Female, 31.3%
Race ratioBlack or African American, 15.4% Unknown, 4.9% Hispanic or Latino, 19.0% Asian, 2.8% White, 56.7% American Indian and Alaska Native, 1.2%Black or African American, 8.5% Unknown, 7.2% Hispanic or Latino, 14.7% Asian, 4.2% White, 65.0% American Indian and Alaska Native, 0.4%
LGBT Percentage7%7%

Differences between asset protection manager and loss prevention associate duties and responsibilities

Asset protection manager example responsibilities.

  • Assist and coordinate with ACPD, DGE and DEA investigations, which lead to several arrest.
  • Manage committees including the safety team, HAZMAT, fire brigade, and serious incident response team.
  • Manage and monitor leadership, training, and development of reports, case management, and POS policy and procedures.
  • Maintain full accountability for managing all aspects of day-to-day safety and security activities in accordance with organizational goals and objectives.
  • Conduct tabletop exercises, first-aid CPR, and loss prevention training.
  • Ensure the safety of hospital staff, visitors and patients as well as maintain security of hospital assets.
  • Show more

Loss prevention associate example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Greet customers, operate CCTV security monitors and prevent shrinkage of merchandise.
  • Job duties include the personal detainment and apprehension of retail shoplifters utilizing plain view self-observation and/or CCTV cameras.
  • Analyze bankruptcy and foreclosure files in order to devise a strategy to minimize loss and maximize financial recovery.
  • Protect company's assets by utilizing state-of-the-art detection and investigation surveillance system, which identify shoplifters and prevent loss of merchandise.

Asset protection manager vs loss prevention associate skills

Common asset protection manager skills
  • Customer Service, 12%
  • Loss Prevention, 9%
  • CCTV, 6%
  • Direct Reports, 5%
  • Safety Program, 5%
  • Store Associates, 5%
Common loss prevention associate skills
  • Customer Service, 16%
  • Patrol, 13%
  • Safety Standards, 10%
  • Loss Prevention, 10%
  • Safety Inspections, 8%
  • Cash Handling, 7%

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