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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 | Loss Prevention Associate | |
| Yearly salary | $83,821 | $38,861 |
| Hourly rate | $40.30 | $18.68 |
| Growth rate | 3% | 6% |
| Number of jobs | 62,727 | 82,313 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 36% |
| Average age | 47 | 33 |
| Years of experience | - | - |
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.
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 managers and loss prevention associates have different pay scales, as shown below.
| Asset Protection Manager | Loss Prevention Associate | |
| Average salary | $83,821 | $38,861 |
| Salary range | Between $51,000 And $137,000 | Between $21,000 And $69,000 |
| Highest paying City | - | Salisbury, MD |
| Highest paying state | - | Virginia |
| Best paying company | - | AIG |
| Best paying industry | - | Utilities |
There are a few differences between an asset protection manager and a loss prevention associate in terms of educational background:
| Asset Protection Manager | Loss Prevention Associate | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 36% |
| Most common major | Criminal Justice | Criminal Justice |
| Most common college | - | California State University - Bakersfield |
Here are the differences between asset protection managers' and loss prevention associates' demographics:
| Asset Protection Manager | Loss Prevention Associate | |
| Average age | 47 | 33 |
| Gender ratio | Male, 75.4% Female, 24.6% | Male, 68.7% Female, 31.3% |
| Race ratio | Black 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 Percentage | 7% | 7% |