There are newer employer reviews for Encore Capital Group
There are newer employer reviews for Encore Capital Group

See Most Recent

Helpful (4)

-

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee in San Diego, CA
Current Employee - Anonymous Employee in San Diego, CA

I have been working at Encore Capital Group

No opinion of CEO
No opinion of CEO

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 Management

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  1. good company

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in San Diego, CA
    Current Employee - Senior Software Engineer in San Diego, CA

    I have been working at Encore Capital Group

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    profitable business with great grow strength

    Cons

    overkilled departments, not very efficient

    Advice to Management

    focus on the profit

  2. Helpful (5)

    Needs new management and better equity compensation

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in San Diego, CA
    Former Employee - Anonymous Employee in San Diego, CA

    I worked at Encore Capital Group

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    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 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.

There are newer employer reviews for Encore Capital Group
There are newer employer reviews for Encore Capital Group

See Most Recent

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