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LossPrevention Career Feature

The Job of a Loss Prevention Manager
By Silas Reed
Theft in retail stores are increasing by the day so much so that when final calculations are done, it is revealed that a significant amount of store revenues are lost due to such thefts. In order to prevent such thefts loss prevention thefts are hired. Their main responsibility is to minimize the thefts that occur in retail stores. Store owners believe that hiring them is a wise decision rather than losing revenues by way of frequent thefts.

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The managers responsible for loss prevention ensure that the problem of theft occurring in retail stores is controlled. They monitor the video screens set up for the purpose of viewing and tracking all activities. They also have to patrol the sales floors dressed in plain clothes so that they are able to spot people and observe whether they are stealing products. Besides observing the customers discreetly, they have to ensure that the employees of the store are sincere in their work, since they themselves may be indulging in appropriating undue benefits through stealing or through other ways.

Losses must be investigated if the suspect is not easily identifiable. This is the responsibility of the loss prevention managers. Sometimes, they direct other loss prevention assistants who monitor work patrols and video screens. As with most of the stores, employees working in the department of loss prevention are referred to as managers.

Loss prevention jobs require an employee to work during normal business hours. Some of the positions require weekend and evening hours. Stores functioning during the entire day need managers to prevent loss control regularly so such stores employ managers for overnight shifts.

A large percentage of loss prevention managers do not possess a secondary education. It would be beneficial if they have Bachelor's or Associate's degree in criminology or criminal justice. However, this is not compulsory since educational qualifications are secondary as far as these jobs are concerned.

They should be alert and observant so that they can report any incident of theft to the concerned authorities. An eye for detail and good observation skills are important. Communication skills are important, both written and verbal to convey discrepancies to management and other authorities.

People employed as managers of loss prevention are given training by their employers. Many security schools offer training in the field. It is not mandatory to undergo prior training as they will be trained once they are recruited.

Previous experience is not mandatory to get employed as a loss prevention manager. However, prior experience is an additional advantage when applying for jobs in reputed and large shops. An easier way to gain experience is by working as security officers for a short time.

With increased experience, people working as loss control managers can be promoted to senior positions.

Salaries: The salaries for managers of loss prevention range from $38,000 to $84,000. The sales volume and the size of retail operations are the most important factors in deciding the salary of loss prevention employees. They have several benefits such as merchandise discounts.

Before applying for these jobs, prepare a resume that is well tailored for these positions. The resume should include related qualifications you have that will help you in obtaining the required job with reputed firms in the loss prevention management sector.


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