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Asset protection manager vs loss prevention officer

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 vs loss prevention officer overview

Asset Protection ManagerLoss Prevention Officer
Yearly salary$83,821$33,768
Hourly rate$40.30$16.23
Growth rate3%6%
Number of jobs62,727106,512
Job satisfaction--
Most common degreeBachelor's Degree, 52%High School Diploma, 31%
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 officer do?

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 manager vs loss prevention officer salary

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

Asset Protection ManagerLoss Prevention Officer
Average salary$83,821$33,768
Salary rangeBetween $51,000 And $137,000Between $22,000 And $51,000
Highest paying City-Miami, FL
Highest paying state-Virginia
Best paying company-Southern Healthcare
Best paying industry-Hospitality

Differences between asset protection manager and loss prevention officer education

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

Asset Protection ManagerLoss Prevention Officer
Most common degreeBachelor's Degree, 52%High School Diploma, 31%
Most common majorCriminal JusticeCriminal Justice
Most common college-California State University - Bakersfield

Asset protection manager vs loss prevention officer demographics

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

Asset Protection ManagerLoss Prevention Officer
Average age4733
Gender ratioMale, 75.4% Female, 24.6%Male, 74.6% Female, 25.4%
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, 8.4% Unknown, 7.2% Hispanic or Latino, 14.5% Asian, 4.2% White, 65.3% American Indian and Alaska Native, 0.4%
LGBT Percentage7%7%

Differences between asset protection manager and loss prevention officer 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.
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Loss prevention officer example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Certify in CPR as well as self-defense training including the use of pepper spray.
  • Review surveillance footage, POS data, and audio of clients operations for theft and operational deficiencies.
  • Conduct weekly audits in order to ensure merchandise of a certain dollar amount is properly tag EAS tags.
  • Conduct store, maintenance, safety, and electronic article surveillance (EAS) audits, and 801E audits.
  • Prepare documentation and analyze data through exception reporting, POS systems, GL, and various other resources and systems.
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Asset protection manager vs loss prevention officer 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 officer skills
  • Patrol, 20%
  • Loss Prevention, 11%
  • Good Judgment, 9%
  • Emergency Situations, 7%
  • Relevant Parties, 6%
  • Incident Reports, 6%

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