People Service Lead Rewards

Lead the Global Rewards Delivery at Philips

In 2024, we launched our strategic People Agenda with a focus on delivering sustainable impact through three pillars: Grow Our People, Ignite Our Culture, and Simplify How We Work, guided by our commitment to Impact with Care. To be aligned with our Philips Operating Model with the business in the lead, we simplify and synchronize how we as People function deliver our services to our respective audiences (businesses, people and people leaders) and our goal is to be more people-centric, delivering the best people experience possible.

Aligned with our enterprise strategy and operating model, the People Business Services organization will be responsible for scalable and efficient execution of all our People function products and services, ensuring both exceptional people experience and operational excellence. Within People Business Services, Rewards Services will manage all Rewards activities with a clear execution focus.

About the role People Service Lead Rewards

In this new role you will lead the Rewards delivery activities for Philips globally. As a strategic business partner, you will ensure that Rewards programs meet business requirements and align with the overall Rewards Philosophy and direction set by the People Innovation and Experience team.

More specifically, the People Services Lead Rewards will be responsible for….

• Lead a global team of 50+ Rewards professionals, providing leadership, direction and development for the team.
• Deliver an effective service to a range of employees and people leaders and act as a business partner towards the audiences we serve.
• Simplify and enhance our ways of working in rewards to ensure we empower our people leaders to attract and retain the best team from a rewards perspective.
• Based on global policies and other directions from the People Innovation and Experience team:
• Determine priorities, establish long-term objectives and develop a framework for local policies and strategies related to compensation activities such as salary surveys, salary structure refinements, salary budgeting, and analysis,
• Ensure the achievement of equitable and competitive employee compensation.
• Drive implementation and adherence to relevant Pay Transparency regulation, such as the EU Directive for Pay Transparency, including creating a framework for identifying unexplained pay inequalities and setting a policy for the correction of such inequalities.
• Responsible for annual programs in the various regions (merit, annual incentive, LTI, compensation structures), as well as executive compensation (CG 90+) within the various regions.
• Ensure design and (vendor)management of local employee benefit plans that are market and cost competitive and are aligned with global direction from the People Innovation and Experience team.
• Responsible for communication of Rewards-related objectives to management and employees in the various regions.
• Oversee management of International Mobility services.

Jobs to be done

• Developed and implemented a mindset and culture change from center of expertise to a value creator and strategic service delivery organization.
• Driven an integrated customer experience through a consistent and audience centric service delivery.
• Recognized as the voice of the customer, driving policy simplification in collaboration with the People Innovation and Experience team.
• Built and grown a high performing team.

Key relationships

This position reports to Head of People Business Services and will closely work with:

• Other members of the People Business Services Leadership Team, People Leadership Team, People Business Partners and People Leaders.
• Colleagues in Innovation and Experience as well as Enterprise People Strategy.
• External parties as it relates to the Rewards Services function.

Direct reports:

A team of approximately 10 direct reports, consisting of Rewards Leaders who in turn are leading Rewards teams for the various regions/zones and the ISC function, the International Mobility team and the Long-term incentives execution team.

Superpowers and Critical Competencies

Shaping:

• Ability to shape and transform Rewards into a business oriented and audience-based service organization.

Integrator:

• Ability to integrate across the various people / rewards processes, driving process excellence (continuous improvement, simplicity) through customer feedback loops to realize product enhancement.

Builder/developer of team capabilities:

• Ability to build a strong performing team, develop and grow capabilities in team, from foundational skills to value creation and audience centricity.

Resilience:

• A high degree of resilience to work with demanding (senior) stakeholders in a high paced environment whilst carrying a significant responsibility.

Minimum Required Qualifications

Education:

Bachelor's/master's degree in human resources, Business Administration or equivalent.

Ideal Experience:

• Minimum 15 years of experience in senior roles in global complex matrixed environments, in the broader Rewards management domain.
• Clear proof points of business understanding / partnering.
• Track record in leading a service organisation and driving an audience-focused, service mindset.
• Ability to shape and drive transformation, balancing competing stakeholder expectations.
• Experience of managing global teams.
• Experience in the broader Rewards management domain is considered a plus.

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.

We have over 80,000+ brilliant people around the world but are always looking for more. Like-minded, motivated, focused minds to join us in creating a healthier, more connected society while transforming themselves personally and professionally.

Working at Philips is more than a job. It's an experience filled with unexpected moments that will transform you in lasting and positive ways. Help us improve the world for the better while building a career that no one could have planned for. Even you.