This report analyzes and compares ENCORE CAPITAL PARTNERS' employee health insurance and employee benefits with its industry and in California State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
ENCORE CAPITAL PARTNERS offers solid career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ENCORE CAPITAL PARTNERS believes that every employee has a valuable set of skills so it helps them plan their careers with solid developmental resources and mentorships.
- CAREER PLANNING: ENCORE CAPITAL PARTNERS offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, ENCORE CAPITAL PARTNERS makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: ENCORE CAPITAL PARTNERS offers superb coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: ENCORE CAPITAL PARTNERS encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, ENCORE CAPITAL PARTNERS supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: ENCORE CAPITAL PARTNERS does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: ENCORE CAPITAL PARTNERS offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by ENCORE CAPITAL PARTNERS to grow as leaders and learn how to make tough calls.
- ONBOARDING: ENCORE CAPITAL PARTNERS does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, ENCORE CAPITAL PARTNERS implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: ENCORE CAPITAL PARTNERS has a remarkable Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at ENCORE CAPITAL PARTNERS.
Benefit | ENCORE CAPITAL PARTNERS | Industry | California |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
ENCORE CAPITAL PARTNERS offers remarkable health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy ENCORE CAPITAL PARTNERS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ENCORE CAPITAL PARTNERS does not offer counseling.
- DENTAL PLAN: ENCORE CAPITAL PARTNERS cares about its team members' dental health so it offers an exceptional dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: ENCORE CAPITAL PARTNERS offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: ENCORE CAPITAL PARTNERS does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: ENCORE CAPITAL PARTNERS has a remarkable healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, ENCORE CAPITAL PARTNERS has created a first-class maternity support program to support its expecting team members.
- TELEHEALTH: ENCORE CAPITAL PARTNERS has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: ENCORE CAPITAL PARTNERS offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ENCORE CAPITAL PARTNERS | Industry | California |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
ENCORE CAPITAL PARTNERS offers superb financial benefits for employees and their family members. A superb 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: ENCORE CAPITAL PARTNERS has an excellent 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, ENCORE CAPITAL PARTNERS offers an excellent program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, ENCORE CAPITAL PARTNERS offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ENCORE CAPITAL PARTNERS has an outstanding Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: ENCORE CAPITAL PARTNERS has a valuable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: ENCORE CAPITAL PARTNERS cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: ENCORE CAPITAL PARTNERS has a great commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ENCORE CAPITAL PARTNERS offers an extraordinary daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: ENCORE CAPITAL PARTNERS has an impressive disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: ENCORE CAPITAL PARTNERS offers an excellent life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: ENCORE CAPITAL PARTNERS wants for its team members to lead a happy and fulfilled life so it has a valuable vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: ENCORE CAPITAL PARTNERS does not offer paid volunteer time off.
- PARENTAL LEAVE: ENCORE CAPITAL PARTNERS has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ENCORE CAPITAL PARTNERS | Industry | California |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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