Senior HR Manager - Compensation

Job Description

Manages Compensation processes to support deployment of MCM’s Total Rewards Strategy. Develops, implements, and administers MCM’s global compensation strategy to ensure alignment of pay practices and the global compensation philosophy. In conjunction with Compensation team members, performs complex analytics and provides insights based on data to support functional decision making.

Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.

RESPONSIBILITIES

• Manages the development, implementation, and administration of MCM’s compensation program. Ensures the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends, best practices, and to improve corporate objectives. Develops techniques for compiling, preparing, and presenting compensation trends and data in a compelling and illustrative manner to support key stakeholder decision making.
• Manages global compensation team members ensuring strong performance and operational success. Administers performance reviews, coaching, and development activities as necessary.
• Leads the planning and execution of the Annual / Mid-year / Off-cycle Compensation Planning processes. Performs analysis such as comp ratios and cost impact analysis to evaluate overall impact of proposals. Works with HRBP teams and business to ensure seamless processing in payroll system and communication of rewards.
• In conjunction with Compensation team members, performs compensation 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.
• 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. Uses creativity and compensation best practices to design pay programs to meet the needs of the business.
• Manage all related statutory compliances and track regulatory changes such as minimum wages, pay ratio and pay equity, ensuring compliance with all federal, state, and local compensation laws and regulations. Provides advice and guidance to business stakeholders and HRBPs on pay decisions, policy interpretation and job evaluations.
• Performs other transactions related to compensation management including approvals in Workday and reporting.

MINIMUM REQUIREMENTS

EDUCATION : Bachelor's FIELD OF STUDY : Human Resources, Business or quantitative field

EXPERIENCE : 10 or more years of relevant compensation and human capital management; people management

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES :

PREFERRED QUALIFICATIONS

EDUCATION : Master's or Advanced FIELD OF STUDY : Human Resources, Business or quantitative field

EXPERIENCE : Financial services industry

CERTIFICATION(S) : CCP, SPHR, SHRM-SCP

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 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 Talent@mcmcg.com.

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Salary : $138,200 - $179,499