Assistant Manager Compensation & Benefits

The Assistant Manager – Compensation and Benefits is responsible for supporting the design, implementation, and administration of the organization’s compensation and benefits programs. This includes salary structures, incentive plans, benefits programs, benchmarking, compliance, and reporting to ensure competitiveness and alignment with the company’s strategy.

Develop and administer compensation strategies including salary benchmarking and pay structures.

10%

Conduct regular market analyses to ensure competitive compensation.

25%

Support annual salary review processes, bonus planning, and incentive schemes.

20%

Maintain compensation data and prepare reports for management. Administer and manage the Short-Term Incentive (STI) program to align employee performance with organizational goals. Oversee the Long-Term Incentive (LTI) program, including equity awards (stock options, RSUs, performance shares) and other deferred compensation plans.

20%

Supports the planning and execution of the annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes. Supports the planning and execution of the midyear promotion and market correction process. ​ Total Reward Statement for all employees during Merit Increase cycle.

25%

TOTAL

100%

MINIMUM REQUIREMENTS

EDUCATION:  Master's or Advanced                           FIELD OF STUDY:  Human Resources

EXPERIENCE:  Required: 4-5 years in progressive HR roles, with at least 3 years in comp. Knowledge in HR research methodology, survey development, statistics, and data analysis and reporting.. Advanced Proficiency with Microsoft Word, Excel, Power Point, Outlook. HRIS, Experience maintaining confidential data.

• Good communication and stakeholder management skills.
• Detail-oriented and highly organized

• Assist in the development and administration of compensation policies, frameworks, and salary structures.
• Conduct benchmarking and market analysis using compensation surveys
• Support annual compensation cycles including salary reviews, bonus planning, and promotions.
• Analyze internal compensation data to ensure pay equity and competitiveness.
• Prepare compensation reports and analytics for management decision-making.

CERTIFICATION(S):  Certification(s) required

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:

• Strong analytical skills and proficiency in Excel
• Familiarity with HRIS systems and compensation tools.
• Knowledge of labor laws and statutory compliance in India (or relevant geography).
• Good communication and stakeholder management skills.
• Detail-oriented and highly organized.

What We Offer

We understand the important balance between work and life, fun and professionalism, and corporation verse community. We strive to support your career aspirations and provide the benefits you need to live a more fulfilling life.

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.

All these things are just a small way to show our employees that we recognize their value, we understand what is important to them, and we reward their contributions.

About Us

Headquartered in the United States, Encore Capital Group (Encore) is a publicly traded international specialty finance company operating in various countries around the globe. Through our businesses - such as Midland Credit Management and Cabot Credit Management - we help consumers to restore their financial health as we further our Mission of creating pathways to economic freedom. Our commitment to building a positive workplace culture and a best-in-class employee experience have earned us accolades including Great Place to Work® certifications in many geographies where we operate. If you have a passion for helping others and thrive at a company that values innovation, inclusion and excellence, then Encore Capital Group is the right place for you.

Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and are committed to fostering an inclusive and welcoming environment where everyone feels they belong. We encourage candidates from all backgrounds to apply. 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, or any other status protected under applicable law. If you wish to discuss potential accommodations related to applying for employment, please contact careers.india@mcmcg.com