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The differences between loss prevention managers and loss control consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a loss prevention manager and a loss control consultant. Additionally, a loss prevention manager has an average salary of $83,613, which is higher than the $82,202 average annual salary of a loss control consultant.
The top three skills for a loss prevention manager include safety program, safety procedures and CCTV. The most important skills for a loss control consultant are safety issues, safety practices, and workers compensation.
| Loss Prevention Manager | Loss Control Consultant | |
| Yearly salary | $83,613 | $82,202 |
| Hourly rate | $40.20 | $39.52 |
| Growth rate | 6% | 6% |
| Number of jobs | 4,393 | 38,787 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 69% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Loss prevention managers, as what their name implies, are primarily responsible for the protection of the company's assets from losses like theft, fraud, and inaccurate inventory reporting. They plan, manage, and regularly evaluate procedures to ensure losses are prevented. Also, they identify potential risks and develop the risk control system to help eliminate it. Another task they do is to train the loss prevention staff, store employees, and retail managers on loss control and preventative measures. Additionally, they conduct internal investigations on issues like employee theft as well as breaches of corporate policies on loss prevention.
A loss control consultant will usually work for an insurance company, a private agency, or as an independent consultant firm. They could also be referred to as an LLC. The main role is to survey businesses for property or casualty concerning worker's compensation, automobiles, and liability in general. They identify potential exposures to loss and how a business can avoid this loss. These professionals find ways to protect employees from injuries, loss of products due to shoplifting, or avoiding financial liability related to accidents.
Loss prevention managers and loss control consultants have different pay scales, as shown below.
| Loss Prevention Manager | Loss Control Consultant | |
| Average salary | $83,613 | $82,202 |
| Salary range | Between $56,000 And $124,000 | Between $60,000 And $111,000 |
| Highest paying City | Fairbanks, AK | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Amazon | W. R. Berkley |
| Best paying industry | Hospitality | Finance |
There are a few differences between a loss prevention manager and a loss control consultant in terms of educational background:
| Loss Prevention Manager | Loss Control Consultant | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 69% |
| Most common major | Criminal Justice | Business |
| Most common college | California State University - Bakersfield | Stanford University |
Here are the differences between loss prevention managers' and loss control consultants' demographics:
| Loss Prevention Manager | Loss Control Consultant | |
| Average age | 47 | 47 |
| Gender ratio | Male, 77.3% Female, 22.7% | Male, 75.2% Female, 24.8% |
| Race ratio | Black or African American, 7.9% Unknown, 4.7% Hispanic or Latino, 13.3% Asian, 7.4% White, 66.1% American Indian and Alaska Native, 0.7% | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |