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The differences between asset protection managers and loss prevention officers 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 $33,768 average annual salary of a loss prevention officer.
The top three skills for an asset protection manager include customer service, loss prevention and CCTV. The most important skills for a loss prevention officer are patrol, loss prevention, and good judgment.
| Asset Protection Manager | Loss Prevention Officer | |
| Yearly salary | $83,821 | $33,768 |
| Hourly rate | $40.30 | $16.23 |
| Growth rate | 3% | 6% |
| Number of jobs | 62,727 | 106,512 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | High School Diploma, 31% |
| 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 officer is a part of a security team who tends to the security of a retail store. Loss prevention officers prevent theft in the store and assist the establishment with theft prevention plans and policies. Typically, they monitor the store's surveillance cameras then walk around for security. They are expected to have a strong will to place themselves in dangerous situations to maintain public safety. It is also their responsibility to determine stock shortages and report missing merchandise.
Asset protection managers and loss prevention officers have different pay scales, as shown below.
| Asset Protection Manager | Loss Prevention Officer | |
| Average salary | $83,821 | $33,768 |
| Salary range | Between $51,000 And $137,000 | Between $22,000 And $51,000 |
| Highest paying City | - | Miami, FL |
| Highest paying state | - | Virginia |
| Best paying company | - | Southern Healthcare |
| Best paying industry | - | Hospitality |
There are a few differences between an asset protection manager and a loss prevention officer in terms of educational background:
| Asset Protection Manager | Loss Prevention Officer | |
| Most common degree | Bachelor's Degree, 52% | High School Diploma, 31% |
| 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 officers' demographics:
| Asset Protection Manager | Loss Prevention Officer | |
| Average age | 47 | 33 |
| Gender ratio | Male, 75.4% Female, 24.6% | Male, 74.6% Female, 25.4% |
| 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, 8.4% Unknown, 7.2% Hispanic or Latino, 14.5% Asian, 4.2% White, 65.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 7% |