Philips

Incentive Design Specialist

Philips

full-time

Posted on:

Location Type: Hybrid

Location: Eindhoven • 🇳🇱 Netherlands

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Job Level

Mid-LevelSenior

About the role

  • Design Sales Incentive plans: define objectives, measures, weights, payout mechanics (threshold–target–max), caps or accelerators, aligned to the global framework and business strategy
  • Design Annual and Long-Term Incentive plans to align rewards with company objectives
  • Run structured co-design: facilitate workshops, manage sign-offs, and control changes across Sales, Business, Finance, HR, and Operations
  • Model scenarios and affordability: analyse cost vs. performance, payout distributions, ROI, and sensitivity in Excel and BI tools
  • Strengthen governance: help operate Incentive Committees, maintain clear RACI, and coordinate Works Council consultations where applicable
  • Own plan documentation: produce plan decks and Terms & Conditions inputs, run the annual incentive calendar
  • Operational hand-off: partner with Sales Operations on tool configuration and payout calculations, and with shared services on accurate execution
  • Evaluate and improve: run post-cycle analytics and translate insights into next-cycle updates

Requirements

  • 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
  • Ability to facilitate workshops and manage cross-functional sign-offs
  • Experience partnering with Sales, Business, Finance, HR, Operations, and Sales Operations

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
incentive designscenario modelingdata analysiscost analysisperformance analysisROI analysispayout calculationsquantitative analysisbusiness analyticsfinancial modeling
Soft skills
stakeholder managementcommunicationproject managementproblem structuringnarrative craftinginfluencingfacilitationcross-functional collaborationworkshop managementchange management