Incentive Design Specialist
Philips
Incentive Design Specialist
Philips
full-time
Posted on:
Location Type: Hybrid
Location: Eindhoven • 🇳🇱 Netherlands
Visit company websiteJob 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: to motivate people on what they can truly influence and align directly with the company’s objectives
- Run structured co-design: facilitate workshops, manage sign-offs, and control changes
- Model scenarios and affordability: analyze cost vs. performance, payout distributions, ROI, and sensitivity in Excel and BI tools
- Strengthen governance: help operate Incentive Committees, maintain a clear RACI across functions
- Own plan documentation: produce plan decks and Terms & Conditions inputs
- Operational hand-off: partner with Sales Operations on tool configuration and payout calculations
- Evaluate and improve: run post-cycle analytics and translate insights into next-cycle updates
Requirements
- Around 5 years of Rewards experience with focus on incentive design (Sales-, Short-Term- and Long-Term Incentives)
- A quantitative background (Finance, Economics, Business Analytics, or HR with strong analytics)
- Advanced Excel skills; confident with scenario modelling and visualizing insights in PowerPoint
- Strong stakeholder management, communication, and project management skills
Benefits
- Health insurance
- Professional development
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
incentive designscenario modelingcost analysisperformance analysispayout distributionROI analysisanalyticsquantitative analysisbusiness analyticsfinancial analysis
Soft skills
stakeholder managementcommunicationproject managementfacilitationworkshop managementchange managementgovernancecollaborationanalytical thinkinginsight translation