People Rewards Specialist

Job title:

People Rewards Specialist

Company:

Philips

Job description

Job Title People Rewards SpecialistJob DescriptionPeople Rewards SpecialistThis role supports the design of compensation, benefits, and reward programs for CEE. It involves analyzing market data, evaluating jobs, advising managers, and ensuring policy compliance. Rewards Specialist communicates also with the global Rewards team and Business Partners in the People Function about compensation and benefits matters, manages vendor relationships, and helps ensure alignment with local laws and company strategy.Your role:You will support creating and assessing the budgets for merit increases, retention strategies, and incentive programs. You will analyze external market data, forecast local market trends, and ensure alignment with the company’s overall compensation strategy,You will conduct analysis of market trends and compensation data, prepare detailed reports on rewards-related topics, including compensation analyses, market trends, and policy updates,You will provide subject matter expertise and guidance to People Function Business Partners and Recruiters on various rewards matters, including retention and salary policies, benefits, and international mobility practices, ensuring consistency and alignment with corporate policies.You will answer rewards related questions, provide detailed explanations, and ensures that all information is easily understood to help managers make informed decisions about their team-members benefits and compensation packages.You will create and update rewards policies to ensure compliance with company’s overall compensation strategy, local regulations, internal governance standards, and regulatory requirements.You will assist in managing relationships with external Rewards vendors, ensuring they meet contractual obligations and deliver high-quality services, participating in vendor selection processes and conducting regular performance reviews,You will handle employee benefits programs, including health insurance, retirement plans, and wellness initiatives, to ensure comprehensive coverage and support for employees’ well-being.You’re the right fit if:You have 3+ years of experience within the Rewards Area,You are experienced in working with data – analysis & interpretation, preparing the reports and relevant documentation. You have experience in compensation benchmarking,You have excellent analytical skills; you are organized and detailed-oriented.You have strong communication and stakeholders’ management skills,You have exceptional Excel knowledgeBachelor’s Degree in Human Resources, Business Administration or equivalent; Fluent English.How we work togetherWe believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won’t stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

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If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care .

Expected salary

Location

Łódź, łódzkie

Job date

Wed, 18 Jun 2025 01:51:00 GMT

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