Loss Prevention Managers in Maryland
Want to work as a Loss Prevention Managers in Maryland? Below are the key facts. All managers not listed separately.
What do Loss Prevention Managers Make in Maryland?
The loss prevention managers working in Maryland, the median annual wage is $148,680 per year (or roughly $71.48/hour).Annual wages span from $82,300 at the 10th percentile to $203,050 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $82,300 | $39.57 |
| 25th percentile | $116,690 | $56.10 |
| Median (50th) | $148,680 | $71.48 |
| 75th percentile | $176,550 | $84.88 |
| 90th percentile | $203,050 | $97.62 |
Location quotient — how concentrated this career is in Maryland nationwide is 1.85, indicating that loss prevention managers are more concentrated here than the national average.
National Wage Comparison
Nationally, loss prevention managers earn a median of $165,723 per year ($79.67/hour), below the Maryland median.
Employment Outlook
National employment for 259,400 loss prevention managers in the U.S.. In Maryland alone, approximately 20,810 people work in this role. That’s more than the typical state, which employs around 5,640 loss prevention managers.
Top Maryland Metros for Loss Prevention Managers
These are the Maryland metros with the most loss prevention managers in Maryland.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Baltimore-Columbia-Towson, MD | 7,950 | $141,540 |
| Hagerstown-Martinsburg, MD-WV | 450 | $125,450 |
| Lexington Park, MD | 410 | $153,320 |
| Salisbury, MD | 200 | $102,200 |
Top States for Loss Prevention Managers Employment
The table below shows the states where the most 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
The highest-paying states for 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
Top loss prevention managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for loss prevention managers, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- 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
Software and systems commonly involved: 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:
- Business Administration & Management
- Business & Commerce
- Entrepreneurial Studies
- Hospitality Management
- Telecommunications Management
- General Psychology
- Clinical & Counseling Psychology
- Child Development & Psychology
- Other Psychology
- Economics
- Political Science & Government
- Sociology
- General Social Sciences
- International Relations & Security
- Anthropology
- Criminology
- Geography & Cartography
- Other Social Sciences
- Urban Studies
- Sociology & Anthropology
- Archeology
- Demography & Population Studies
- Geography and Anthropology
- Criminal Justice & Corrections
- Homeland Security
- Fire Protection
- Security Science and Technology
- History
- Public Administration
- Radio, TV & Digital Communication
- Library & Information Science
- Information Technology
- Arts & Media Management
- Systems Theory
- History and Language/Literature
- Philosophy, Politics, and Economics
- Digital Humanities and Textual Studies
- Economics and Computer Science
- History and Political Science
- Historic Preservation
- Geoarcheaology
- Linguistics and Anthropology
- Economics and Foreign Language/Literature
- Pharmacy/Pharmaceutical Sciences
- Health/Medical Admin Services
- Natural Resource Management
- Religious Institution Administration and Law
Featured schools near , edit
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
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