Gurgaon, Haryana, India – February 16, 2015 – Encore India, a wholly-owned subsidiary of Encore Capital Group (also known as Midland Credit Management India Private Ltd.), has been recognized as the 19th Best Place to Work in this year’s Great Place to Work Survey in Asia. More than 900 companies participated in the list studies in eight Asia-region countries where Great Place to Work is represented. Of these, the 60 Best Workplaces in Asia were determined.
Manu Rikhye, Encore India’s Executive Vice President and Managing Director, said, “It is an honor for Encore India to be ranked 19th in Asia and be recognized as an organization that fosters creativity, trust and camaraderie. Our employees are our core strength and form the basis of our success today. It is our philosophy of investing in our people that has helped us develop a culture of trust, conscientiousness and commitment across the board and has encouraged our teams to perform at their highest potential. We are constantly working towards newer ideas to encourage personal and professional growth of our people through a number of innovative workplace programs and employee motivation initiatives. I would like to congratulate all of our employees on this special recognition.”
Encore India has been operating in Gurgaon since 2005. The Company employs nearly 1,800 people in India and has been ranked among the Top 50 Best Places to Work for five consecutive years by the Great Place to Work Institute India. In 2014, Encore India was ranked 13th overall and first in the ITeS category, while competing against more than 550 companies. The Company participated in the Great Place to Work survey for the first time in 2011 and was ranked 37th, followed by 34th in 2012 and 14th in 2013.
About Encore Capital Group, Inc.:
Encore Capital Group, an international specialty finance company with operations spanning seven countries, provides debt recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries, the Company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. Through its Propel Financial Services subsidiary, the Company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans and purchases delinquent tax liens directly from selected taxing authorities. Through its subsidiaries in the United Kingdom, Cabot Credit Management, Marlin Financial Services and Grove Capital Management, the Company is a market-leading acquirer and manager of consumer debt in the United Kingdom and Ireland. Through its Refinancia subsidiary, the Company services distressed consumer debt in Colombia and Peru. Encore’s success and future growth are driven by its sophisticated and widespread use of analytics, its broad investments in data and behavioural science, the significant cost advantages provided by its highly efficient operating model and proven investment strategy, and the Company’s demonstrated commitment to conducting business ethically and in ways that support its consumers’ financial recovery.
Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500. More information about the Company can be found at www.encorecapital.com. More information about the Company’s Cabot Credit Management subsidiary can be found at www.cabotcm.com. Information found on the Company’s website or Cabot’s website is not incorporated by reference.
About Encore India (Midland Credit Management India Private Ltd.):
Encore India is a wholly-owned subsidiary of the Encore Capital Group, Inc. Encore India has two offices in Gurgaon.