Philips is a world leading health technology company with a vision to make life better for people worldwide through meaningful innovation. Making good on this promise depends on our passionate, inspirational, collaborative and diverse team. 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.
Philips Africa comprises all 54 countries of Africa, from the Cape to Cairo, and from the Atlantic to the Indian Ocean. Philips Africa is headquartered in Johannesburg, South Africa and it has a direct presence in four other African countries, in the cities of Accra, Casablanca, Cairo and Nairobi.
Currently we have the opportunity for a dynamic Rewards Specialist to join the team in Johannesburg and be responsible for the Middle East, Turkey and Africa market.
As a Rewards Specialist you will be responsible for roll out and execution of rewards processes in line with HR policies, practices and processes in Philips across the META region. This role is the total rewards COE role.
You will report to the Rewards Leader – META.
You are responsible for
Timely execution of rewards processes and procedures such as (but not limited to) preparation for Annual Compensation Review Cycle, conducting Market Benchmarking Studies on Compensation & Benefits in partnership with Survey providers and internal key stakeholders and suggest improvements in C&B policies in a collaborative way,
Specifing new processes, standards based on rewards strategy and setting tactical plans and policy guidelines,
Ensuring that reward plans are in line with established rewards policies and local legislation requirements in each country of operation,
Developing and updating salary structures to ensure internal equity and external competitiveness,
Working with all the stakeholder like TA, Business Partners, HR Shared services to manage and improve C&B related processes,
Developing and managing country specific C&B related polices,
Providing support on assigned global/local C&B programs and projects.
Key Performance Indicators
First time data quality and accuracy,
Timely execution of all reward processes,
Rewards dashboard reporting with detailed analysis and recommendation.
Key Stakeholders & Touch-points:
Country & Sector HRMs,
HR Shared Services and/or PPS centers,
Talent Acquisition (TA) partners,
Global Rewards and Processes Team.
To succeed in this role, you should have the following skills and experience
Master’s degree with majors in Human Resource Management or Finance,
Strong numerical and advanced analytical skills with an ability to slice data and present a meaningful outcome by using advanced MS Excel and/or any other statistical analysis tools,
5-7 years of hands on experience in compensation and benefits management with a reputable Multinational organization or in a consulting firm such as Mercer, Willis Towers Watson or Korn Ferry,
Certified Global Remuneration Practitioner (GRP),
Hands on experience of working with online compensation planning modules with any of these ERP solutions ( SAP, Oracle PeopleSoft or Workday ),
Fluent in English , verbal and written,
Sound knowledge and technical know-how of pay-range design, pay-mix, market pricing, salary structures, salary planning and budgeting, cost projections and impact analysis of C&B policies and understanding of different job grading methodologies,
Good understanding of pay and benefits practices in Africa, Middle East and Turkey.
Proactive collaboration and stakeholder management,
Planning and project management skills,
Strong analytical and problem solving skills,
Ability to handle ambiguity,
Quality and cost conscious mindset,
In return, we offer you the unique combination of a critical and challenging role and a creative and empowering office environment. You will be actively encouraged to make improvements, establish best in class service and have a direct impact on the success of Philips on a daily basis.
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. Only apply for this role if you are a South African Citizen by birth or Naturalization prior to the 27 April 1994.
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video .
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog . Once there,you can also learn about our recruitment process , or find answers to some of the frequently asked questions .