Head of Total Rewards

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!

Head of Total Rewards at Midland Credit Management located in Gurugram. The role involves overseeing job evaluation, compensation benchmarking and performance management. The role is also responsible for benefits administration like group medical and life insurance, retirals management and health and wellbeing initiatives. This role would also administer the local talent management and succession planning process and utilize analytical skills to enhance the company's total rewards strategy.

Key Responsibilities

• Develop, communicate, and administer competitive total rewards strategies, including compensation, benefits, and other wellbeing programs. 20%
• Ensure cost competitiveness, hiring effectiveness and consistency with local market trends while meeting organizational objectives.10%
• Manage compliance with all governmental regulations related to compensation and benefits programs and timely reporting. 10%
• Provide leadership to and direct supervision of total rewards team members through effective coaching and performance management. 10%
• Resolves disputes and communicates with clients in cases that cannot be routinely handled by members of the total rewards team. 10%
• Oversee the review, communication, and implementation of the annual group health and life insurance plans renewal process 20%
• Manage the mid-year/annual performance review timelines and the mid-year/ annual total compensation review. 20%

Qualification Required

• Postgraduate degree in business or human resources and/or relevant SHRM/CCP certifications.
• 10+ years of work experience out of which at least 10 years in Compensation and Benefits space.
• Extensive experience in conducting salary surveys, compensation reviews, and benefits management.
• Proactive, fast learner, flexible in thinking and able to operate effectively in a fast-paced environment.
• Proven ability to consult, problem solve, coach, and advise all levels of employees on total rewards programs.
• Strong numerical and analytical skills with the ability to strategically solve problems and consult stakeholders.
• Successful record of managing multiple projects, strategic thinking and executing with a "hands on" approach.
• Excellent communication skills, with demonstrated experience in influencing senior leaders and leading teams.
• Strong Microsoft system skills in Word, Excel, and PowerPoint and other tools such as Workday, HRMS.

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.

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 careers.india@mcmcg.com.