Global Rewards Strategist for UKI
1 day ago
This role is based at our Farnborough, Hampshire office.
About the Role- We are seeking an experienced Global Rewards Strategist to join our team in UKI & Nordics.
The ideal candidate will have a deep understanding of global rewards strategies and be able to develop and implement budgets for merit increases, retention strategies, and various incentive programs.
Key Responsibilities:- Developing and examining budgets for merit increases, retention strategies, and various incentive programs, conducting in-depth analyses of external market data, forecasting trends, and ensuring that all compensation strategies are aligned with Philips' overall strategic goals and financial objectives.
- Evaluating annual benefit program budgets by reviewing proposed changes and ensuring they align with the organizational objectives, financial constraints, and employee needs, working closely with benefits leads to make informed decisions that enhance employee satisfaction and retention.
- Creating, updating, and ensuring the implementation of rewards policies to maintain proper governance, compliance, and adherence to local and international regulations, regularly reviewing policy effectiveness and making necessary adjustments to ensure consistency and alignment with global operations.
- Provides expert advice on complex rewards topics and unique situations, offering innovative solutions to mitigate risks and align with company's long-term strategy, showcasing a deep understanding of industry best practices and the ability to navigate complex legal and regulatory landscapes.
The salary range for this position is approximately £60,000 - £80,000 per annum, depending on experience. In addition to a competitive salary, you can expect a comprehensive benefits package, including flexible benefits and access to Philips University.
As a Global Rewards Strategist, you will be responsible for developing and implementing rewards strategies that align with Philips' overall business objectives. You will work closely with stakeholders across the organization to design and deliver effective reward programs that drive engagement, motivation, and performance.
You will have a deep understanding of global rewards strategies and be able to develop and implement budgets for merit increases, retention strategies, and various incentive programs. You will also be responsible for evaluating annual benefit program budgets and ensuring they align with the organizational objectives, financial constraints, and employee needs.
In return for your expertise and dedication, we offer a competitive salary, comprehensive benefits package, and the opportunity to work for a leading health technology company that makes a meaningful difference in people's lives.
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