Incentive Design Specialist
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Job Location:
Eindhoven - Netherlands
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title
Incentive Design SpecialistJob Description
Join a global Incentive Design team that turns business strategy into simple fair and scalable incentive plans that drive performance and the right behaviours across Sales and selected non-Sales populations. You will design improve and govern Sales Incentives the Annual Incentive and (where applicable) elements of Long-Term Incentives in close partnership with Sales and Business leadership so people are rewarded for what they truly influence.
Your role:
Design Sales Incentive plans define objectives measures weights payout mechanics (thresholdtargetmax) caps or accelerators aligned to the global framework and business strategy. To ensure direct impact on growth and performance.
Design Annual and Long-Term Incentive: to motivate people on what they can truly influence and align directly with the companys objectives. To ensure direct impact on growth and performance.
Run structured co-design: facilitate workshops manage sign-offs and control changes across Sales Business Finance HR and Operations. Building scalable enterprise-wide solutions.
Model scenarios and affordability: analyse cost vs. performance payout distributions ROI and sensitivity in Excel and BI tools. Solving complex problems with data.
Strengthen governance: help operate Incentive Committees maintain a clear RACI across functions and coordinate Works Council consultations where applicable. Creating clarity and speed in decision-making.
Own plan documentation: produce plan decks and Terms & Conditions inputs run the annual incentive calendar. Turning designs into smooth execution.
Operational hand-off: partner with Sales Operations on tool configuration and payout calculations and with shared services on accurate execution. Closing the loop from design to payout.
Evaluate and improve: run post-cycle analytics and translate insights into next-cycle updates. Continuous improvement with visible measurable outcomes.
Youre a great fit if you have:
Around 5 years of Rewards experience with a focus on incentive design (Sales- Short-Term- and Long-Term Incentives).
A quantitative background (Finance Economics Business Analytics or HR with strong analytics).
A consulting mindset: structure problems craft clear narratives and influence stakeholders.
Advanced Excel skills; confident with scenario modelling and visualizing insights in PowerPoint.
Strong stakeholder management communication and project management skills.
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.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters and we wont 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.
If youre interested in this role and have many but not all of the experiences needed we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.
#LI-EU
Required Experience:
IC
Key Skills
- Sales Experience
- Crane
- Customer Service
- Communication skills
- Heavy Equipment Operation
- Microsoft Word
- Case Management
- OSHA
- Team Management
- Catheterization
- Microsoft Outlook Calendar
- EHS
About Company
Philips has been revolutionizing lighting for over 125 years. We pioneered the world changing development of electric light and LED, and are now leading the way in intelligent lighting systems. Our deep understanding of how lighting positively affects people, enables us to deliver inn ... View more
