Compensation Manager

3 weeks ago

San Diego, United States Midland Credit Management Full time $122,200 - $158,699
Job DescriptionJob Description

Manages Compensation processes to support deployment of MCM/Encore’s Total Rewards Strategy. Performs complex analytics and provides insights based on data to support functional decision making. Works under limited supervision. Solves problems which are moderate in scope and complexity.

 

Responsibilities

  • Performs global compensation and benefits bench-marking studies and leads global compensation related projects and analysis for MCM/Encore business units in the US, Costa Rica, and partners with the India Compensation team. Submits survey reports to vendors and performs detailed analysis and data checks as required to maintain compensation structure relative to market. Works with HRBPs and leadership on all compensation requests.
  • Supports the planning and execution of the Annual / Mid-year/ Off-cycle Compensation Planning process.  Performs analysis such as Comp ratios and Cost impact analysis to evaluate overall impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes.  
  • Manages and executes the Total Reward Statement process under limited supervision. Works with consulting partners and internal stakeholders for timely and accurate submission of data. Collaborates with HRBP and Corp Comm. Team to develop and roll out communication strategy.  
  • 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.  
  • Manage all related statutory compliances and track regulatory changes such as minimum wages, pay ratio and pay equity.  
  • Performs other transactions related to compensation management including approvals in Workday and reporting.  
  • Management of direct reports (reporting to the role).  

 

 

Education
Required: Bachelor: Human Resources, Business or quantitative field

Preferred: Master or Advanced

 

Language
Required: English


Experience
5 to 8 years’ experience

 

PREFERRED SKILL SET, EDUCATION & EXPERIENCE:

CCP / Master’s degree in HR / SPHR / SHRM-SCP

Company DescriptionWe are more than the market leader in portfolio purchasing and recovery in the United States – we’re a powerful voice that has shaped an industry by focusing on pro-consumer practices from our offices around the world. We believe that great results and consumer respect go hand-in-hand. By partnering with our consumers and making credit more accessible, we create pathways to economic freedom and restore their financial health. Since we first opened our doors in 1953, we have transformed our business through innovations, advanced analytics, new technology and thought leadership. We’ve built an energized, fun environment that’s filled with life. The work we do has helped millions of people recover from their financial difficulties and rebuild their lives.Company DescriptionWe are more than the market leader in portfolio purchasing and recovery in the United States – we’re a powerful voice that has shaped an industry by focusing on pro-consumer practices from our offices around the world. We believe that great results and consumer respect go hand-in-hand. By partnering with our consumers and making credit more accessible, we create pathways to economic freedom and restore their financial health. Since we first opened our doors in 1953, we have transformed our business through innovations, advanced analytics, new technology and thought leadership. We’ve built an energized, fun environment that’s filled with life. The work we do has helped millions of people recover from their financial difficulties and rebuild their lives.

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