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Loss prevention associate vs assets protection specialist

The differences between loss prevention associates and assets protection specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an assets protection specialist has an average salary of $42,374, 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 assets protection specialist are CCTV, physical security, and exception reports.

Loss prevention associate vs assets protection specialist overview

Loss Prevention AssociateAssets Protection Specialist
Yearly salary$38,861$42,374
Hourly rate$18.68$20.37
Growth rate6%3%
Number of jobs82,31383,267
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 42%
Average age3333
Years of experience--

What does a loss prevention associate do?

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.

What does an assets protection specialist do?

An assets protection specialist is an individual who is responsible for implementing safety and environmental programs to their assigned store or multiple stores as well as prevent financial loss caused by theft and fraud. Asset protection specialists are required to monitor the store's physical security and audit electronic article surveillance. They also prepare accurate and detailed case reports and interact with law enforcement as well as testify in criminal and civil court actions. Asset protection specialists must also report any hazardous or unsafe condition to the manager on duty.

Loss prevention associate vs assets protection specialist salary

Loss prevention associates and assets protection specialists have different pay scales, as shown below.

Loss Prevention AssociateAssets Protection Specialist
Average salary$38,861$42,374
Salary rangeBetween $21,000 And $69,000Between $22,000 And $78,000
Highest paying CitySalisbury, MDArlington, VA
Highest paying stateVirginiaHawaii
Best paying companyAIGCredit Suisse
Best paying industryUtilitiesRetail

Differences between loss prevention associate and assets protection specialist education

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

Loss Prevention AssociateAssets Protection Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 42%
Most common majorCriminal JusticeCriminal Justice
Most common collegeCalifornia State University - BakersfieldCalifornia State University - Bakersfield

Loss prevention associate vs assets protection specialist demographics

Here are the differences between loss prevention associates' and assets protection specialists' demographics:

Loss Prevention AssociateAssets Protection Specialist
Average age3333
Gender ratioMale, 68.7% Female, 31.3%Male, 77.0% Female, 23.0%
Race ratioBlack 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, 8.3% Unknown, 7.2% Hispanic or Latino, 14.3% Asian, 4.2% White, 65.7% American Indian and Alaska Native, 0.4%
LGBT Percentage7%7%

Differences between loss prevention associate and assets protection specialist duties and responsibilities

Loss prevention associate example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Greet customers, operate CCTV security monitors and prevent shrinkage of merchandise.
  • Job duties include the personal detainment and apprehension of retail shoplifters utilizing plain view self-observation and/or CCTV cameras.
  • Analyze bankruptcy and foreclosure files in order to devise a strategy to minimize loss and maximize financial recovery.
  • Protect company's assets by utilizing state-of-the-art detection and investigation surveillance system, which identify shoplifters and prevent loss of merchandise.

Assets protection specialist example responsibilities.

  • Manage safety and hazmat procedures.
  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Assist with maintaining sales floor and backroom safe and clean for employees, vendors, and guests following OSHA guidelines.
  • Provide plain clothes physical security in local area stores-Install and operate CCTV cameras in store.-Conduct internal/external investigations to prevent loss.
  • Respond to traffic accidents involving DOD personnel.
  • Apprehend individuals relate to crimes against Meijer.
  • Show more

Loss prevention associate vs assets protection specialist skills

Common loss prevention associate skills
  • Customer Service, 16%
  • Patrol, 13%
  • Safety Standards, 10%
  • Loss Prevention, 10%
  • Safety Inspections, 8%
  • Cash Handling, 7%
Common assets protection specialist skills
  • CCTV, 26%
  • Physical Security, 20%
  • Exception Reports, 6%
  • Criminal Justice, 5%
  • POS, 4%
  • Electronic Article Surveillance, 3%

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