Loss Prevention Officers are employed by store owners to limit their losses from theft by discouraging criminal behavior and apprehending anyone attempting to steal products. Their role is to hold people accountable for the damage they cause to the company through vandalism or stolen products.
What is loss prevention in security management?
Loss prevention is an organized effort by a business to reduce any and all losses of revenue. Losses generally occur due to problems with accounting or inventory controls. Specific causes include: Shoplifting. Supplier fraud or error, such as when you receive an understocked order.
What is an LP job?
Most loss prevention specialists work at the front of the store, examining purchase receipts and greeting customers. Their primary goal is verifying that each customer is leaving the store with only the merchandise they’ve purchased.
What are the three most important skills needed for a loss prevention specialist?
What are the most important Loss Prevention Specialist job skills to have on my resume? The most common important skills required by employers are LP, Surveillance, Compliance, Security Clearance and Military Experience.
What are examples of loss prevention?
Preventing Shoplifting and Return Fraud
- Double Check Merchandise. …
- Reorganize Your Space. …
- Post Staff Around the Store. …
- Require Receipts for Cash Returns. …
- Ask for ID. …
- Schedule Strategically. …
- Set Up Security Measures. …
- Hang Anti-Theft Signs.
Is loss prevention a skill?
For example, 14.4% of loss prevention officer resumes contained loss prevention as a skill. Let’s find out what skills a loss prevention officer actually needs in order to be successful in the workplace. … We’ll recommend jobs that fit your skills and key steps to help you stand out to employers.
What makes a good loss prevention officer?
To be effective at this job, Loss Prevention Officers should be detail-oriented team players with strong leadership and decision-making skills. Strong verbal and written communication skills are essential, as Loss Prevention Officers must fill out reports, question shoplifters and speak with police.
How do I get a job in loss prevention?
Steps for Becoming a Loss Prevention Specialist
Apply for an open position. Get hired as a loss prevention specialist. Receive retail loss prevention on-the-job training once hired. *A degree and/or previous experience may not be required; check position descriptions for more details on norms in your local area.
What does loss prevention do to employees?
People who work in loss prevention employ a number of tactics to reduce the amount of theft in stores. Covertly monitor suspicious individuals by posing as shoppers or monitoring video feeds in a control room. Stage investigations and stings on retail employees suspected of committing theft or fraud at their own store.
How much does an Amazon loss prevention specialist make?
The typical Amazon Loss Prevention Specialist salary is $23 per hour. Loss Prevention Specialist salaries at Amazon can range from $16 – $31 per hour. This estimate is based upon 45 Amazon Loss Prevention Specialist salary report(s) provided by employees or estimated based upon statistical methods.
What is the difference between loss prevention and loss reduction?
Loss prevention programs promote avoidance of losses, measuring the loss frequency. … Insurance companies offer discounts to organization or individuals taking loss prevention measures as incentive for their participation. While, in loss reduction the scope of the programs limit the extent of losses, when they do happen.
What’s a loss prevention specialist?
The Retail Loss Prevention Specialist will implement loss prevention procedures to safeguard company assets, prevent and minimize theft, and reduce shortages and fraud.