Encore Capital Group Reviews
100% of the CEO
Kenneth A. Vecchione
Pros – we have very good infrastucutre
Cons – need to concentrate on employee centricity
Advice to Senior Management – work on pepople now
3 people found this helpful
Pros – Small company that responds quickly to market changes; in general, good work life balance
Cons – Senior management tends to have trouble staying focused on long-term strategic goals; frequent re-orgs (often to correct problems arising from the last re-org); poor record of rewarding high performers; limited opportunity for promotion/career growth; benefits are slightly below average compared to peers
Advice to Senior Management – -
4 people found this helpful
Pros – Encore has a young workforce, and the employees are friendly and fun to work with. For being in the collections industry, being able to live in San Diego is a plus. Salaries are about in the 50% percentile for local competitors and are decent, particularly for this industry.
Cons – Senior Management lacks vision and has made bad investment and hiring decisions in the past. Management also seems to ignore or greatly discount potentially serious legal issues if revenues may be impacted as a result, which seems to undermine employee confidence in management and the company's future. Also, equity grants are reserved primarily for managers and executives, leaving entry and intermediate level employees with no incentive to work hard to raise the company's value.
Advice to Senior Management – Replace key leadership positions with executives from venture funds or investment-based financial institutions that are aggressive but are used to a high amount of regulation and compliance. Take seriously the legal challenges and potholes highlighted by in-house lawyers. Be more generous with equity grants to all levels within the company.
No, I would not recommend this company to a friend
Pros – You will get an opportunity to work with Highly talented people
Cons – Too much groupism
very Individual driven functions
Advice to Senior Management – Would have been a great place to work, if could have reduce the bureaucracy
– I'm optimistic about the outlook for this company
Pros – friendly and casual and flexible
Cons – no growth and development, poor IT help
Advice to Senior Management – value your front line managers
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company