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The differences between loss prevention associates 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 $38,861 average annual salary of a loss prevention associate.
The top three skills for a loss prevention associate include customer service, patrol and safety standards. The most important skills for an asset protection associate are customer service, loss prevention, and store management.
| Loss Prevention Associate | Asset Protection Associate | |
| Yearly salary | $38,861 | $41,564 |
| Hourly rate | $18.68 | $19.98 |
| Growth rate | 6% | 3% |
| Number of jobs | 82,313 | 84,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 34% |
| Average age | 33 | 43 |
| Years of experience | - | - |
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.
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 associates and asset protection associates have different pay scales, as shown below.
| Loss Prevention Associate | Asset Protection Associate | |
| Average salary | $38,861 | $41,564 |
| Salary range | Between $21,000 And $69,000 | Between $22,000 And $77,000 |
| Highest paying City | Salisbury, MD | Arlington, VA |
| Highest paying state | Virginia | Alaska |
| Best paying company | AIG | Ropes & Gray |
| Best paying industry | Utilities | Retail |
There are a few differences between a loss prevention associate and an asset protection associate in terms of educational background:
| Loss Prevention Associate | Asset Protection Associate | |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 34% |
| Most common major | Criminal Justice | Criminal Justice |
| Most common college | California State University - Bakersfield | - |
Here are the differences between loss prevention associates' and asset protection associates' demographics:
| Loss Prevention Associate | Asset Protection Associate | |
| Average age | 33 | 43 |
| Gender ratio | Male, 68.7% Female, 31.3% | Male, 72.0% Female, 28.0% |
| Race ratio | 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% | 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 Percentage | 7% | 6% |