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HR Rewards Manager

Job Title

HR Rewards Manager

Job Description

In late January, we announced that Bridgefield Capital signed an agreement to acquire Philips’ Emergency Care business which includes leading brands and products like HeartStart AEDs, Intrepid and DFM100 monitor defibrillators, Tempus monitor and Tempus ALS systems, and Corsium and ECI informatics solutions. We expect the transaction to close at the end of 2025.  

 

With Bridgefield’s support and building on our 40+ year legacy of growth and innovation in emergency medical technology, the Emergency Care business will continue passionately pursuing our mission of saving lives, lowering the cost of healthcare, and advancing the science of resuscitation while serving the public access AED, EMS, military, and hospital market segments.  

 

In this role and as part of an agile company that has the dedicated resources needed to achieve its strategic goals, you’ll have every opportunity to become a part of the “NewCo” we are forming and grow both personally and professionally and potentially make an even bigger impact on the acute care space – as well as on the consumers, patients and healthcare workers who depend on these innovative life-saving solutions. 

HR Rewards Manager
The HR Rewards Manager is responsible for developing and analyzing budgets for various compensation and incentive programs, ensuring alignment with market trends and the overall business goals.

Your role:

  • Develops and examines budgets for merit increases, retention strategies, and various incentive programs, such annual incentives (AI), and sales incentives (SI), conducting in-depth analyses of external market data, forecasting trends, and ensuring that all compensation & benefits strategies are aligned with the overall strategic business goals and financial objectives.
  • Creates, updates, and ensures 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.
  • Ensures all rewards programs and policies comply with local and international regulations, maintaining high standards of governance and ethical practice, regularly auditing rewards practices, addressing compliance issues proactively, and staying updated on legal changes and industry standards.
  • Develops employee benefits programs, including health insurance, retirement plans, and wellness initiatives, to ensure comprehensive coverage and support for employees' well-being.
  • Oversees the development and implementation of global mobility programs, ensuring compliance with international regulations, tax laws, and company policies, while facilitating smooth transitions for employees relocating abroad as well as provides strategic guidance on complex immigration and relocation issues, collaborating with People, Legal, and Finance teams to manage international assignments, visas, and cross-border employment matters effectively.

You're the right fit if:

  • You have acquired minimum 7 years of experience in Total Rewards, including experience conducting Compensation Benchmarking, creating and implementing Reward Strategies, HR analytics, process improvement, and familiarity with grading/job evaluation methodologies.

  • Your skills include problem-solving, process improvement and operational execution, ability to navigate and influence within a global, complex matrix organization and proficiency in handling confidential information with integrity and professionalism. You also have strong organizational agility, reliability, and ability to handle ambiguity. Effective at influencing, engaging stakeholders globally, and aligning with business needs.

  • You have a Bachelor's / master's degree in business administration, Human Resource (HR), Organizational Development or equivalent.

  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

  • You are a proactive professional, passionate about team collaboration, resilient and with a growth mindset as well as Adaptable, driven, creative, and diligent with the ability to learn on the fly.


How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.

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 of healthcare that we all deserve. Do the work of your life to help improve the lives of others.

Philips Transparency Details

The pay range for this position in Bothell, WA is $131,040 to $209,664

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position.  For this position, you must reside in or within commuting distance to Bothell, WA.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates.  Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.

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Average salary estimate

$170352 / YEARLY (est.)
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$131040K
$209664K

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What You Should Know About HR Rewards Manager, Philips

Join Philips as an HR Rewards Manager in Bothell, where you'll be instrumental in shaping our compensation and benefits landscape. In this exciting role, you'll dive deep into the financial intricacies of our rewards programs, developing budgets that not only align with market trends but also support Philips' overall mission of delivering impactful health technology. You'll explore innovative strategies for merit increases, and retention while implementing effective policies that ensure compliance across local and international regulations. This isn't just about numbers; it’s about creating an equitable and motivating environment for our employees. Your keen analytical skills will enable you to assess market data and forecasting trends, driving initiatives like health insurance, retirement plans, and wellness programs that focus on employee well-being. As part of our global team, your efforts will help streamline mobility programs, manage relocation challenges, and stay on top of vital compliance issues. We value your rich experience of at least 7 years in total rewards and your ability to navigate complex global structures. Here at Philips, we believe in collaboration and teamwork, requiring office-based roles to be present at least three days a week. If you're a proactive professional ready to influence and engage in transformative projects, consider making a difference with us at Philips, where every individual's role contributes meaningfully to healthcare delivery.

Frequently Asked Questions (FAQs) for HR Rewards Manager Role at Philips
What responsibilities does the HR Rewards Manager at Philips in Bothell have?

As the HR Rewards Manager at Philips, you'll manage compensation budgets for various incentive programs including merit increases and retention strategies. Your role encompasses developing and tracking policies that align with both local and international regulations, as well as conducting analyses of external market data to ensure our rewards programs are competitive and effective.

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What qualifications are needed for the HR Rewards Manager position at Philips?

To qualify for the HR Rewards Manager role at Philips, candidates are expected to have a minimum of 7 years of experience in total rewards, strong analytical and problem-solving skills, and a Bachelor's or Master's degree in business administration or human resources. Familiarity with compensation benchmarking and job evaluation methodologies is also essential.

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How does the HR Rewards Manager at Philips ensure compliance with regulations?

The HR Rewards Manager at Philips ensures compliance through regular audits of rewards practices, staying updated on legal changes and industry standards. You’ll be responsible for maintaining high standards of governance, implementing necessary adjustments to policies, and fostering proactive compliance across all rewards programs.

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What kind of employee benefits does the HR Rewards Manager oversee at Philips?

In the HR Rewards Manager position at Philips, you'll oversee the development of comprehensive employee benefits programs. These include health insurance plans, retirement options, and wellness initiatives, all designed to support the well-being of our employees and create a holistic rewards structure.

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What is the work environment like for the HR Rewards Manager at Philips in Bothell?

The work environment for the HR Rewards Manager at Philips in Bothell encourages collaboration, with a requirement for office-based teams to work in-person at least three days a week. This allows for direct engagement with colleagues, enriching team dynamics and fostering a supportive atmosphere that aligns with Philips' commitments to teamwork and company culture.

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Common Interview Questions for HR Rewards Manager
Can you describe a time when you successfully developed a rewards program?

When answering this question, highlight a specific instance where you were responsible for designing a rewards program, discussing the goals, strategies, and outcomes. Mention how you aligned the program with the company's business goals and how you engaged stakeholders throughout the process.

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How do you approach compliance issues related to employee rewards?

Discuss your methodical approach to ensuring compliance, including regular audits and staying informed on legal regulations. Provide an example of a time when you resolved a compliance issue proactively, and emphasize your ability to collaborate with legal and finance teams.

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What strategies do you use for compensation benchmarking?

For this question, you can explain the techniques you implement for benchmarking compensation, such as market analysis and salary surveys. Share a specific example of how you used benchmarking to make a significant adjustment in your previous role to attract or retain talent.

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How would you manage a global mobility program?

Describe your experience with global mobility, including aspects like compliance with immigration laws and coordinating relocations. Detail a scenario where you successfully facilitated an international assignment or addressed challenges faced by relocating employees.

Join Rise to see the full answer
What role does data analysis play in your decision-making process?

Highlight how you leverage HR analytics to inform your decisions. Share an example where your data analysis led to a successful change in a rewards program or strategy, showcasing your analytical acumen and its direct impact on the company's goals.

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What are the key elements of a successful incentive program?

Discuss the importance of clear objectives, alignment with business goals, and stakeholder buy-in. Provide examples of how you have designed incentive programs that motivate employees and resulted in increased performance, stressing the critical metrics used to measure success.

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How do you ensure employee benefits meet employee needs?

Talk about your approaches to gathering employee feedback through surveys or focus groups, and how you analyze this data to adjust benefits programs accordingly. Provide an example of how you implemented changes based on employee input to improve satisfaction.

Join Rise to see the full answer
Explain your experience with process improvement in HR rewards.

Share an example of a process you improved in the rewards space. Explain the challenges you faced, the actions you took to refine the process, and the positive results that followed, showcasing your ability to drive efficiency and effectiveness.

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How do you handle ambiguous situations in HR?

Illustrate your critical thinking and problem-solving skills when dealing with ambiguity. Provide an example of a complex situation where you had to navigate uncertainties in HR and how your proactive nature led to a successful outcome.

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What do you consider to be the most important trends in total rewards?

Discuss current trends such as pay equity, flexible benefits, and employee well-being initiatives. Explain how these trends influence your approach to developing rewards strategies, showcasing your knowledge of the industry and your proactive stance in staying ahead.

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At Philips, we strive to make the world a healthier and more sustainable place through meaningful innovation. Our goal is to improve the lives of 2.5 billion people a year by 2030, including 300 million in underserved communities and 1 million wor...

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DATE POSTED
April 16, 2025

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