HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Loss Prevention Manager Average Salary in Russia 2024

How much money does a person working as Loss Prevention Manager make in Russia?


Average Monthly Salary
140,000 RUB
( 1,680,000 RUB yearly)

LOW
75,400
RUB
AVERAGE
140,000
RUB
HIGH
211,000
RUB
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Loss Prevention Manager in Russia typically earns around 140,000 RUB. Salaries range from 75,400 RUB (lowest) to 211,000 RUB (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Loss Prevention Manager salaries in Russia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Loss Prevention Manager Pay Scale and Salaries in Russia

Median and salary distribution Russia Loss Prevention Manager monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/median-and-salary-distribution-monthly-russia-loss-prevention-manager.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
124,000 RUB or more
10% of people earn
111,000 to 124,000 RUB
20% of people earn
82,800 RUB or less
65% of people earn
82,800 to 111,000 RUB
Minimum Salary
75,400 RUB
Median
125,000 RUB
Maximum
211,000 RUB




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Loss Prevention Manager in Russia range from 75,400 RUB (starting salary) to 211,000 RUB (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 125,000 RUB, half of the professionals who work as Loss Prevention Manager in Russia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Loss Prevention Manager in Russia earn less than 104,000 RUB, while 75% earn more. Similarly, the chart shows that 75% earn less than 141,000 RUB while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Loss Prevention Manager in Russia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 82,800 RUB to 111,000 RUB. About 20% of salaries are below the 82,800 RUB mark, while 10% fall within the range of 111,000 RUB to 124,000 RUB. Only 5% of individuals have salaries exceeding 124,000 RUB.

Salary Comparison by Years of Experience / Loss Prevention Manager / Russia

How do experience and age affect pay?

0 - 2 Years
87,600 RUB
2 - 5 Years+26%
111,000 RUB
5 - 10 Years+32%
146,000 RUB
10 - 15 Years+18%
172,000 RUB
15 - 20 Years+11%
190,000 RUB
20+ Years+6%
202,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Russia Loss Prevention Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/salary-comparison-by-years-of-experience-monthly-russia-loss-prevention-manager.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Loss Prevention Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 87,600 RUB.

While someone with an experience level between two and five years is expected to earn 111,000 RUB, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 146,000 RUB, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 172,000 RUB, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 190,000 RUB, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 202,000 RUB, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Loss Prevention Manager / Russia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Loss Prevention Manager.

Bachelor's Degree
113,000 RUB
Master's Degree+53%
173,000 RUB
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Russia Loss Prevention Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/salary-comparison-by-education-level-monthly-russia-loss-prevention-manager.jpg

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Loss Prevention Manager in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 113,000 RUB.


Level 2: Master's Degree

At this level, the average salary becomes 173,000 RUB, 53% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Russia costs anywhere from 521,000 RUB to 1,560,000 RUB and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Loss Prevention Manager / Russia

Salary comparison by gender Russia Loss Prevention Manager monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/salary-comparison-by-gender-monthly-russia-loss-prevention-manager.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Loss Prevention Manager in Russia, the average difference between the salary of male and female employees is 6%.

Male
143,000 RUB
Female-6%
135,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Russia for all Careers

Salary comparison by gender monthly Russia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/salary-comparison-by-gender-monthly-russia.jpg


Average Annual Salary Increment Percentage / Loss Prevention Manager / Russia

How much are annual salary increments in Russia for individuals working as Loss Prevention Manager? How often do employees get salary raises?

Individuals working as Loss Prevention Manager in Russia are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Russia Loss Prevention Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/annual-salary-increment-rate-russia-loss-prevention-manager.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Russia / All Professions

Annual Salary Increment Rate Russia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/annual-salary-increment-rate-russia.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Russia is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Loss Prevention Manager / Russia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Russia Loss Prevention Manager
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/russia/insurance/loss-prevention-manager/annual-salary-bonus-rate-russia-loss-prevention-manager.jpg

23% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 77% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
77%
No Bonus
23%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Loss Prevention Manager / Russia


810 RUB per hour

The average hourly wage (pay per hour) for individuals working as Loss Prevention Manager in Russia is 810 RUB.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Loss Prevention Manager in Russia is 440 RUB. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Insurance-100%
Actuarial Analyst131,000 RUB-6%
Actuarial Assistant99,600 RUB-29%
Actuarial Specialist98,900 RUB-29%
Actuary134,000 RUB-4%
Adjustment Insurance Clerk37,100 RUB-73%
Assistant Broker60,900 RUB-56%
Assistant Claims Manager110,000 RUB-21%
Associate Insurance Representative50,700 RUB-64%
Auditing Insurance Manager145,000 RUB+4%
Blockchain Insurance Auditor95,900 RUB-31%
Broker105,000 RUB-25%
Claim Advocacy Professional105,000 RUB-25%
Claims Adjuster39,300 RUB-72%
Claims Analyst53,900 RUB-61%
Claims Examiner52,800 RUB-62%
Claims Manager140,000 RUB+0%
Claims Processor36,200 RUB-74%
Claims Representative46,400 RUB-67%
Claims Resolution Specialist111,000 RUB-21%
Claims Supervisor104,000 RUB-26%
Complaints Specialist92,800 RUB-34%
Compliance Examiner93,400 RUB-33%
Compliance Officer79,400 RUB-43%
Compliance Reviewer90,200 RUB-35%
Consultant98,300 RUB-30%
Drone Claims Adjuster44,300 RUB-68%
Eligibility Interviewer103,000 RUB-26%
Eligibility Specialist103,000 RUB-26%
Insurance Account Manager122,000 RUB-13%
Insurance Accounts Executive109,000 RUB-22%
Insurance Adjuster97,600 RUB-30%
Insurance Agent62,700 RUB-55%
Insurance Analyst98,800 RUB-29%
Insurance Appraiser103,000 RUB-26%
Insurance Claims Clerk37,500 RUB-73%
Insurance Compliance Officer115,000 RUB-18%
Insurance Data Scientist92,200 RUB-34%
Insurance Examiner90,600 RUB-35%
Insurance Fraud Investigator81,500 RUB-42%
Insurance Investigator91,000 RUB-35%
Insurance Manager171,000 RUB+22%
Insurance Operations Manager165,000 RUB+18%
Insurance Policy Processing Clerk38,900 RUB-72%
Insurance Pricing Assistant80,900 RUB-42%
Insurance Product Manager124,000 RUB-11%
Insurance Program Manager132,000 RUB-5%
Insurance Project Manager125,000 RUB-10%
Insurance Quality Assurance Agent85,700 RUB-39%
Insurance Sales Agent61,000 RUB-56%
Insurance Sales Director173,000 RUB+24%
Insurance Sales Manager130,000 RUB-7%
Insurance Sales Representative52,200 RUB-63%
Insurance Team Leader101,000 RUB-28%
Insurance Underwriter77,900 RUB-44%
Insurtech Analyst95,600 RUB-32%
Loss Control Specialist96,700 RUB-31%
Loss Prevention Investigator102,000 RUB-27%
Loss Prevention Manager140,000 RUB+0%
Loss Prevention Specialist111,000 RUB-21%
Marine Underwriter78,200 RUB-44%
Medical Auditor101,000 RUB-28%
Monitoring and Performance Officer73,000 RUB-48%
Parametric Insurance Specialist101,000 RUB-28%
Payment Services Specialist98,300 RUB-30%
Peer-to-Peer Insurance Manager116,000 RUB-17%
Policy Change Director154,000 RUB+10%
Policy Change Supervisor104,000 RUB-26%
Policy Change Technician50,600 RUB-64%
Risk Analyst112,000 RUB-20%
Risk Management Director190,000 RUB+36%
Risk Management Supervisor120,000 RUB-14%
Risk Manager194,000 RUB+39%
Risk Modeling Manager190,000 RUB+36%
Social Media Risk Analyst106,000 RUB-24%
Title Insurance Typist89,100 RUB-36%
Training Manager106,000 RUB-24%
Underwriting Assistant53,200 RUB-62%

Salary Comparison By City

CityAverage Salary
Moscow165,000 RUB
Saint Petersburg162,000 RUB

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Russia is 6% on average across all career fields.

Private Sector
101,000 RUB
Public Sector+6%
108,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Loss Prevention Manager in Russia?

A good and competitive compensation would range anywhere between 125,000 RUB and 141,000 RUB. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Loss Prevention Manager in Russia ranges from 75,400 RUB to 104,000 RUB. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic

©Salary Explorer 2024