Starting Compensation
Annual Salary: $138,200.00 - $179,499.00 (Amount based on office location, relevant experience, skills, and competencies)
If you are wondering why you should work for us, here is something to help you decide:
Pay and Bonuses: Earn a competitive salary. All employees are eligible for uncapped commission or annual bonus incentives.
Career Progression: Grow at MCM with paid training and development programs – including our very own MCM Academy – as well as a promote-from-within philosophy.
Reward and Recognition: We are committed to honoring great results – ranging from informal accolades to formal company-wide awards and prizes like all-inclusive vacations.
Tuition Assistance: Pursue a degree or coursework related to your current role, or the role you are striving for.
Healthcare Insurance: Take advantage of comprehensive healthcare plans and options to ensure your continued health, plus fitness membership reimbursements, weight watchers, our wellness rewards Program and more.
Volunteering Opportunities: Enjoy up to eight hours of paid time off each year to volunteer. We also offer volunteer grants and matching financial donations, up to US$ 2,500 per employee annually.
Retirement Savings: Build a strong financial foundation and reach your goals for the future. With all the effort you invest in us, we’re proud to invest in you.
New Family Support: Celebrate your new arrival with company paid leave, new parent flex time, and child back-up care options.
Team-building: Enjoy experiences that inspire bonds with your colleagues through a wide range of company-sponsored team-building events, such as holiday celebrations and department outings.
Work-Life Balance: Enjoy paid and floating holidays, as well as generous paid-time-off.
Our compensation and benefits programs were created with an 'Employee-First Approach' focused on supporting, developing, and recognizing YOU. We offer a wide array of wellness and mental health initiatives, support volunteerism, and environmental efforts, encourage employee education through leadership training, skill-building, and tuition reimbursements, and always strive to provide promotion opportunities from within.
About the Job
Manages Compensation processes to support deployment of MCM’s Total Rewards Strategy. Performs complex analytics and provides insights based on data to support functional decision making. Works under limited supervision. Solves problems which are moderate in scope and complexity.
Responsibilities
- Performs compensation and benefits bench-marking studies by working with consulting partners to submit survey information for compensation programs. Receives survey reports and performs detailed data checks and analysis. Performs data comparisons and insights to support Pay range development process.
- Supports the planning and execution of the Annual / Mid-year/ Off-cycle Compensation Planning process. Performs analysis such as Comp ratios and Cost impact analysis to evaluate overall impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes.
- Manages and executes the Total Reward Statement project under limited supervision. Works with consulting partners and internal stakeholders for timely and accurate submission of data for the project. Collaborates with HRBP and Corp Comm. Team to develop and roll out communication strategy to support the project.
- Performs analysis of compensation programs or related projects which support the Total Rewards Strategy. This may include calculating costs and/or value of compensation programs such as base salary structures, Short Term Incentive (STI) and Long-Term Incentive (LTI) analysis.
- Performs other transactions related to compensation management including approvals in Workday and reporting.
- Manage all related statutory compliances and track regulatory changes such as minimum wages, pay ratio and pay equity.
- Management of direct reports (reporting to the role).
Education
Required: Bachelor: Human Resources, Business or quantitative field
Preferred: Master or Advanced
Experience
5 to 10 years’ hands-on compensation experience
PREFERRED SKILL SET, EDUCATION & EXPERIENCE:
CCP / Master’s degree in HR / SPHR / SHRM-SCP
#LI-MCM
About Us
We are more than a specialty finance company providing debt recovery solutions for consumers. We are a global team of over 4,000 employees whose daily mission is to empower consumers to begin their path towards financial recovery and build a better life for themselves and their families. We know that the only way to support this mission is by hiring exceptional people who bring a diversity of ideas, a collaborative spirit, and a passion for attaining breakthrough results. If you are results-driven, have a passion for helping others, and thrive in an innovative environment, this might be the right place for you!
Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and value diversity at our company. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and/or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation at
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