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Loss prevention agent vs asset protection associate

The differences between loss prevention agents and asset protection associates 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 $36,455 average annual salary of a loss prevention agent.

The top three skills for a loss prevention agent include loss prevention, store management and sales floor. The most important skills for an asset protection associate are customer service, loss prevention, and store management.

Loss prevention agent vs asset protection associate overview

Loss Prevention AgentAsset Protection Associate
Yearly salary$36,455$41,564
Hourly rate$17.53$19.98
Growth rate6%3%
Number of jobs103,53484,642
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 34%
Average age3343
Years of experience--

What does a loss prevention agent do?

A loss prevention agent is responsible for averting theft and securing a retail store or similar establishment. They are primarily in charge of monitoring surveillance cameras and roaming around the premises while dressed in civilian clothing, all to observe the surroundings and spot any suspicious behavior. Furthermore, a loss prevention agent must adhere to the policies and standards of the establishment, implement safety and security measures, and coordinate with the police should there be any person caught stealing.

What does an asset protection associate do?

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.

Loss prevention agent vs asset protection associate salary

Loss prevention agents and asset protection associates have different pay scales, as shown below.

Loss Prevention AgentAsset Protection Associate
Average salary$36,455$41,564
Salary rangeBetween $21,000 And $62,000Between $22,000 And $77,000
Highest paying CityUrban Honolulu, HIArlington, VA
Highest paying stateVirginiaAlaska
Best paying companyComplianceRopes & Gray
Best paying industryRetailRetail

Differences between loss prevention agent and asset protection associate education

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

Loss Prevention AgentAsset Protection Associate
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 34%
Most common majorCriminal JusticeCriminal Justice
Most common collegeCalifornia State University - Bakersfield-

Loss prevention agent vs asset protection associate demographics

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

Loss Prevention AgentAsset Protection Associate
Average age3343
Gender ratioMale, 72.8% Female, 27.2%Male, 72.0% Female, 28.0%
Race ratioBlack or African American, 8.4% Unknown, 7.4% Hispanic or Latino, 14.6% Asian, 4.2% White, 65.0% American Indian and Alaska Native, 0.4%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%
LGBT Percentage7%6%

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

Loss prevention agent example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Perform camera surveillance and patrol the assigned store and assign location while ensuring to maintain a safe and secure store environment.
  • Conduct surveillance and counter-surveillance to detect and apprehend shoplifters, and other criminal activity utilizing CCTV.
  • Patrol assign facility areas to enforce rules and regulations.
  • Operate and monitor security control and access control devices using CCTV, life/safety alarms and systems alerting the necessary authority.
  • 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 associate example responsibilities.

  • Manage portfolios of foreclose properties to adhere to government HUD standards.
  • Manage daily BPO valuations, from order acquisition to client delivery, as well as performed reconciliations and manage accounting processes.
  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Prepare and QC production equipment for VFX supervisors.
  • Load, troubleshoot and attribute all images residing in the library.
  • Learn new hardware and software used in company to troubleshoot trouble tickets
  • Show more

Loss prevention agent vs asset protection associate skills

Common loss prevention agent skills
  • Loss Prevention, 14%
  • Store Management, 12%
  • Sales Floor, 10%
  • CCTV, 10%
  • Customer Service, 9%
  • Internal Investigations, 5%
Common asset protection associate skills
  • Customer Service, 30%
  • Loss Prevention, 18%
  • Store Management, 12%
  • CCTV, 6%
  • Compliance Issues, 6%
  • Local Law Enforcement, 5%

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