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Loss Prevention Managers in Illinois

Considering working as a Loss Prevention Managers in Illinois? Here’s what you need to know. All managers not listed separately.

What do Loss Prevention Managers Make in Illinois?

For a loss prevention managers working in Illinois, the median annual wage is $134,810 per year (or roughly $64.81/hour).Annual wages span from $78,000 at the 10th percentile to $229,310 at the 90th percentile.

Wage Statistic	Annual	Hourly
10th percentile	$78,000	$37.50
25th percentile	$103,200	$49.61
Median (50th)	$134,810	$64.81
75th percentile	$176,110	$84.67
90th percentile	$229,310	$110.24

National Wage Comparison

Nationally, loss prevention managers earn a median of $165,723 per year ($79.67/hour), below the Illinois median.

Employment Outlook

Nationally, total employment in this occupation is 259,400 loss prevention managers across the United States.

Top Illinois Metros for Loss Prevention Managers

These are the Illinois metros with the most loss prevention managers in Illinois.

Metro Area	Number Employed	Annual Median Salary
Peoria, IL	840	$127,330
Rockford, IL	480	$123,460
Springfield, IL	370	$126,500
Bloomington, IL	350	$138,300
Champaign-Urbana, IL	310	$118,070
Decatur, IL	120	$128,340
Kankakee, IL	100	$106,350

Top States for Loss Prevention Managers Employment

These states have the highest employment of loss prevention managers work.

State	Number Employed
California	103,510
Texas	53,070
Florida	46,500
Georgia	36,520
Pennsylvania	24,480
New Jersey	24,000
Virginia	22,210
North Carolina	21,150
Maryland	20,810
District of Columbia	18,180
Tennessee	17,260
New York	16,640
Louisiana	15,360
Wisconsin	13,910
Colorado	13,710
Nevada	10,990
Washington	10,740
Massachusetts	10,670
Ohio	9,390
Arizona	9,280

Highest-Paying States for Loss Prevention Managers

Where loss prevention managers earn the most: loss prevention managers.

State	Annual Median Salary
Massachusetts	$172,380
District of Columbia	$171,910
California	$170,740
Delaware	$170,310
Washington	$165,080
Colorado	$164,010
New Jersey	$163,630
Virginia	$162,610
New York	$161,360
Minnesota	$158,680

Skills

Key loss prevention managers skills, rated on an importance scale of 0 to 5:

Knowledge Areas

Core knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Abilities

Key abilities for loss prevention managers, rated on an importance scale of 0 to 5:

Daily Tasks

Loss Prevention Managers typically:

• Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
• Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
• Review loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
• Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
• Investigate or interview individuals suspected of shoplifting or internal theft.
• Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
• Identify potential for loss and develop strategies to eliminate it.
• Hire or supervise loss prevention staff.
• Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
• Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
• Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
• Maintain documentation of all loss prevention activity.

Work Activities

• Getting Information
• Making Decisions and Solving Problems
• Establishing and Maintaining Interpersonal Relationships
• Communicating with Supervisors, Peers, or Subordinates
• Identifying Objects, Actions, and Events
• Documenting/Recording Information
• Training and Teaching Others
• Working with Computers
• Evaluating Information to Determine Compliance with Standards
• Organizing, Planning, and Prioritizing Work
• Communicating with People Outside the Organization
• Analyzing Data or Information

Tools & Technology

Technologies frequently used: Hot technologies: Google Workspace software, Microsoft Access In-demand technologies: Enterprise application integration EAI software

What Major Will Prepare You For This Career?

Related college programs include:

• Pharmacy/Pharmaceutical Sciences
• Health/Medical Admin Services

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Related Careers

Careers similar to loss prevention managers include:

• Security Managers
• Medical and Health Services Managers
• Social and Community Service Managers
• Emergency Management Directors
• Compliance Managers
• Environmental Compliance Inspectors

Also Known As

Area Asset Protection Manager, Area Loss Prevention Manager, Asset Protection Leader, Asset Protection Manager, Asset Protection Supervisor, Asset Protection and Safety Manager, Asset Safety Manager, District Asset Protection Manager, District Loss Prevention Manager, Logistics Loss Prevention Manager, Loss Control Manager, Loss Prevention Director, Loss Prevention Leader, Loss Prevention Manager, Loss Prevention Operations Director.

References

• U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
• O*NET Online — https://www.onetonline.org/
• BLS Employment Projections — https://www.bls.gov/emp/
• O*NET-SOC code: 11-9199.08