Rewards Manager
Philips
This listing was originally posted on Philips's careers page. Formulate is an equal opportunity job aggregator and is not involved in the hiring process. Where salary information is estimated, it is derived from BLS industry benchmarks and may differ from actual compensation.
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Upgrade to Pro — $25/moJob Responsibilities:
· Lead healthcare sales compensation and incentive plan design, evaluation and evolution, ensuring business relevance, market competitiveness, legal compliance and alignment with Philips Rewards strategy;
· Partner with business leaders, HR partners, commercial excellence and relevant cross-functional stakeholders to drive the incentive plan operationalization and communication;
· Provide external healthcare and medical-device industry insight to strengthen incentive strategy, plan design and stakeholder decision-making;
· Drive AI-enabled Rewards transformation and process automation, identifying high-value use cases and converting them into practical, scalable solutions;
· Develop and maintain reusable tools, dashboards and workflow solutions that improve analytics, governance, service quality and productivity;
· Manage job grading approaches and related consultation to address business needs in line with global guardrail;
· Provide guidance as rewards partner to the assigned organizations on the rewards topics such as job evaluations, offering, compensation and benefits policies etc.;
· Contribute to Rewards projects as assigned and knowledge building across Greater China, with clear ownership, disciplined execution and effective stakeholder collaboration.
Minimum required Education:
Bachelor's Degree in Human Resources, Business Administration or equivalent.
Preferred Experience:
5+ years of experience in Sales Incentive Design, Rewards Consulting, Sales Force Effectiveness (SFE), Commercial Excellence or Rewards COE roles.
Candidates are expected to bring one of the following backgrounds:
A. Consulting Track
B. In-house Track
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