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LossPrevention Career Feature

The Job of a Loss Prevention Specialist
By Silas Reed
Shoplifting is also known by the name retail theft and refers to the products lifting instead of buying them from retail shops and is very common in several parts of the world. There are varied reasons why people engage in shoplifting. Some want to make more money by reselling them, others are doing this just for the happiness they get, few of them simply want to have the product or products without spending money and some of them lack adequate cash for making the purchase but are adamant on obtaining their favorite product. It is not necessary that shoplifting is caused by customers only because there have been incidents of security personnel and employees committing the crime.

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The situation needs to be controlled for preventing loss in shops. There is an increased demand for skilled specialists in the field. "Loss prevention specialists" are also referred to as "asset protecting officers". Some shops employ them as "loss prevention agents". They have the responsibility of finding out, reporting and solving problems in areas like inventory shortages, safety, and theft and cash management. If need be, they will have to handle additional responsibility of providing customer support. The issues have to be solved in a prompt and professional manner. They should be able to come up with innovative "loss prevention methods" that can prevent losses due to shoplifting. However, these methods would be implemented only after a detailed analysis.

Requirements

Academic

Education is an essential requirement for getting employment in this field. Small organizations may accept candidates with the basic qualification of “high school diploma”. But this is not the situation everywhere since most of the companies prefer candidates with associate degree as the minimum qualification. They should also have training in criminal justice. Some companies ask for an undergraduate degree. The academic requirements depend on the companies.

Skill Sets

Knowledge on various aspects of the job is a necessary skill. Since, the job demands work during unusual hours, night or day, holidays and weekends, the specialist should be able to do this. The ability to handle awkward situations appropriately is compulsory to be successful in this field. Maintenance of documentation and records is an important aspect of the job and specialists should be able to do this. Observing and identifying improper behavior can be done by skilled specialists only, since this should be done quickly and accurately.

Training

Candidates looking forward to a career in loss prevention should receive training in the field of criminal justice. A lot of schools offer online training for employees in this area.

Prior Experience

Prior experience would help in getting the desired job. However, many companies give entry-level jobs to non-experienced candidates.

Employment Outlook

Career Prospects

The shoplifters have turned out to be a serious threat to the shop owners and are desperately trying to control the theft by employing specialists. So, the demand for specialists in this field is going to increase in the future.

Salaries

Entry-level specialists get an annual salary of approximately $37,000 which would increase after they get promoted to senior positions. If you have the right skills and qualifications, these jobs can be the best for you.


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