Last week’s LPM Insider survey asked whether respondents thought they were earning a fair wage for the work they do. One reader commented, “Companies that are too tight with their money lose loyalty, and then their best people. Then they wonder why. The door swings both ways.” Read More
Tag: loss prevention salary
As of November 2018, Glassdoor.com reports the average base pay for a loss prevention manager to be $57,221 per year, excluding bonuses and/or other cash compensation. We want to know: do you think you’re being paid fairly for the work you do? Read More
Negotiation tactics are synonymous with terms ranging from compromise and mediation to haggle and interrogation. It is not difficult to argue the fact that interrogations represent the hardest form of negotiating. When people enter into negotiations or mediations, they understand they may need to sacrifice some of their interests in Read More
“When we play, we must realize, before anything else, that we are out to make money.” – David Sklansky on the game of poker.
I’m not sure if there is a game more closely related to the loss prevention profession than Texas Hold’em poker. A game focused on managing risk, protecting Read More
By John Wilson
Loss prevention is probably the most schizophrenic of all retail jobs. Its personalities are numerous and its masters are manifold. Loss prevention salary and job responsibilities vary. Even the titles are different. Some refer to themselves as loss prevention, others asset and profit protection, and still others as security managers. Read More