Timecode issue when transcoding

I transcoded footage via Adobe Media Encoder. I imported those files into Premiere, but am having timecode discrepancies between the transcodes and the source footage (see photo below).



I tried tweaking the modify timecode settings, but still couldn't get them to match up.

I then tried importing the same footage into Final Cut Pro and there are no timecode issues (see photo below).



Any idea what's going on and is there a quick fix?