Encore Capital Group - Needs new management and better equity compensation | Glassdoor
There are newer employer reviews for Encore Capital Group
There are newer employer reviews for Encore Capital Group

See Most Recent

Helpful (5)

"Needs new management and better equity compensation"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in San Diego, CA
Former Employee - Anonymous Employee in San Diego, CA
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.

Other Employee Reviews for Encore Capital Group

  1. "good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in San Diego, CA
    Current Employee - Senior Software Engineer in San Diego, CA
    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. "good place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Encore Capital Group full-time

    Pros

    opportunities for advancement if you are a self-starter, good camaraderie with co-workers

    Cons

    big company and geographically spread out, makes it hard to feel connected when you are at a remote office

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

See Most Recent

Work at Encore Capital Group? Share Your Experiences

Encore Capital Group
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or