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Loss prevention manager vs loss control manager

The differences between loss prevention managers and loss control managers 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 manager. Additionally, a loss control manager has an average salary of $86,305, which is higher than the $83,613 average annual salary of a loss prevention manager.

The top three skills for a loss prevention manager include safety program, safety procedures and CCTV. The most important skills for a loss control manager are risk management, OSHA, and loss mitigation.

Loss prevention manager vs loss control manager overview

Loss Prevention ManagerLoss Control Manager
Yearly salary$83,613$86,305
Hourly rate$40.20$41.49
Growth rate6%-
Number of jobs4,39334,777
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 65%
Average age4747
Years of experience66

What does a loss prevention manager do?

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.

What does a loss control manager do?

A loss control manager is responsible for the management of possible financial loss within a company or an enterprise. They are the person who develops and administers management programs on insurance and operations to prevent risk, as well as creating an action plan to resolve the possible loss of finances and assets. Managers determine potential liabilities by developing ways and control measures to protect and secure a company's financial stability. They are also the one who solves different issues like shoplifting, fraudulent activity, and crimes like theft and robbery.

Loss prevention manager vs loss control manager salary

Loss prevention managers and loss control managers have different pay scales, as shown below.

Loss Prevention ManagerLoss Control Manager
Average salary$83,613$86,305
Salary rangeBetween $56,000 And $124,000Between $61,000 And $121,000
Highest paying CityFairbanks, AK-
Highest paying stateAlaska-
Best paying companyAmazon-
Best paying industryHospitality-

Differences between loss prevention manager and loss control manager education

There are a few differences between a loss prevention manager and a loss control manager in terms of educational background:

Loss Prevention ManagerLoss Control Manager
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 65%
Most common majorCriminal JusticeBusiness
Most common collegeCalifornia State University - BakersfieldCalifornia State University - Bakersfield

Loss prevention manager vs loss control manager demographics

Here are the differences between loss prevention managers' and loss control managers' demographics:

Loss Prevention ManagerLoss Control Manager
Average age4747
Gender ratioMale, 77.3% Female, 22.7%Male, 70.9% Female, 29.1%
Race ratioBlack 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, 7.7% Unknown, 4.7% Hispanic or Latino, 13.0% Asian, 7.4% White, 66.6% American Indian and Alaska Native, 0.7%
LGBT Percentage10%10%

Differences between loss prevention manager and loss control manager duties and responsibilities

Loss prevention manager example responsibilities.

  • Manage all internal, external, and fraud investigations and develop partnerships with law enforcement to coordinate criminal investigations or prosecutions.
  • Install and monitor CCTV equipment for assistance in prosecution evidence against internal and external theft suspects.
  • Train Marriott associates on a variety of hotel and safety topics.
  • Implement procedures to ensure that the company safety and HAZMAT control programs are meet.
  • Participate in all new store opening activities including mass receiving, pricing and EAS tagging.
  • Overhaul and update the department to meet current Marriott standards, policies, & procedures.
  • Show more

Loss control manager example responsibilities.

  • Manage all internal, external, and fraud investigations and develop partnerships with law enforcement to coordinate criminal investigations or prosecutions.
  • Mentore facility managers in OSHA compliance to delegate program management functions to local personnel.
  • Ensure compliance with workers compensation and OSHA regulations by properly documenting and investigating employee accidents
  • Recommend foreclosure prevention alternative offer to the homeowner to ensure all investor / insurer guidelines are followed.
  • Manage all internal, external, and fraud investigations and develop partnerships with law enforcement to coordinate criminal investigations or prosecutions.

Loss prevention manager vs loss control manager skills

Common loss prevention manager skills
  • Safety Program, 10%
  • Safety Procedures, 10%
  • CCTV, 7%
  • Safety Audits, 7%
  • OSHA, 6%
  • Store Management, 6%
Common loss control manager skills
  • Risk Management, 14%
  • OSHA, 11%
  • Loss Mitigation, 10%
  • Safety Training, 9%
  • Occupational Safety, 8%
  • Loss Control, 7%

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