The chief duty of a loss prevention/safety manager is to design and implement procedures that aim to minimize the loss of goods, money, equipment, or other company assets, and, on the other hand, maximize the safety of personnel.
The typical workflow of a loss prevention/safety manager involves assessing current practices, identifying potential causes of loss or hazards, designing strategies to minimize these causes, and monitoring the implementation of designed strategies. Specifically, their duties may include testing facility alarms, analyzing previous incident reports, recommending new safety equipment, and training security personnel.
Depending on the employer, the minimum requirement for this role may either be a bachelor's degree or completion of a program in loss prevention management. Either way, employers look for applicants with adequate experience in loss prevention and safety management, ideally in a similar industry or field as theirs. Moreover, employers want loss prevention/safety managers that display outstanding skills in communication, analysis, strategy, and people management.
On average, loss prevention/safety managers earn $64,000, but some can earn as much as $127,000 per year
There is more than meets the eye when it comes to being a Loss Prevention/Safety Manager. For example, did you know that they make an average of $38.03 an hour? That's $79,097 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many Loss Prevention/Safety Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Leadership skills, Management skills and Problem-solving skills.
If you're interested in becoming a Loss Prevention/Safety Manager, one of the first things to consider is how much education you need. We've determined that 57.7% of Loss Prevention/Safety Managers have a bachelor's degree. In terms of higher education levels, we found that 3.9% of Loss Prevention/Safety Managers have master's degrees. Even though most Loss Prevention/Safety Managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Loss Prevention/Safety Manager. When we researched the most common majors for a Loss Prevention/Safety Manager, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Loss Prevention/Safety Manager resumes include High School Diploma degrees or Master's Degree degrees.
You may find that experience in other jobs will help you become a Loss Prevention/Safety Manager. In fact, many Loss Prevention/Safety Manager jobs require experience in a role such as Loss Prevention Manager. Meanwhile, many Loss Prevention/Safety Managers also have previous career experience in roles such as Loss Prevention Specialist or Loss Prevention Supervisor.