Compensation, benefit & welfare specialist

Job Title: Compensation, Benefit & Welfare Specialist Compensation, Benefit & Welfare Specialist Being part of the People function, in this role you will have the unique opportunity to work around the 3 pillars of Compensation, Benefit and Welfare that integrate our Rewards philosophy, combining analytical, technical and creative responsibilities. You will be interacting with multiple internal and external stakeholders in different projects and initiatives that contribute to create a fair, engaging and competitive enviroment for Philips' most important value: our people. Your role: - You will work close to the Rewards Manager South Europe in the planning, roll out and execution of processes and initiatives linked to our Compensation, Benefit & Welfare practices. - You will support in ensuring that the whole compensation plans for each employee are in line with established rewards policies and local legislation requirements, making sure our people is recognized in the different phases of their professional journey and they feel valued, motivated and engaged. - You will be able to contribute to the design of global rewards policies, processes, and tools, by collecting and analyzing results from global and local benchmarking partners and collecting business requirements and market developments. You're the right fit if: - You hold a Bachelor’s degree, preferebly in Economics, Business Administration or have an equivalent combination of education and relevant experience. - You bring at least 3 years of experience in a similar position in a multinational company or consulting firm. - Your skillset includes a strong analytical mindset, project and program management expertise, along with effective presentation and communication abilities. - You're experienced with Excel and PowerPoint, while knowledge of Power BI and Access will be highly appreciated. - You have excellent written and verbal communication skills in both English and Italian, with Spanish and French being a plus. - Fairness and equity are core principles for you, and you are passionate about engaging with people. 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. - Learn more about our business. - Discover our rich and exciting history. - Learn more about our purpose. LI-EU