Rewards Manager, Market Japan

Job Title

Job Description

Job Profile Summary:

The People Rewards Specialist is responsible for creating and updating Rewards policies, assessing budgets for various programs, ensuring they align with market trends and company's Rewards' strategy, working under general supervision. The role provides guidance on compensation and benefits to employees, managers and recruiters and conducts market analysis to develop competitive programs that attract top talent and comply with local regulations. The role works with cross-functional teams to implement reward programs that support broader business objectives, handles job evaluations, and conducts audits to guarantee compliance with legal and Philips' internal policies.

Job Responsibilities:

• Creates and assesses budgets for merit increases, retention strategies, and incentive programs, analyzes external market data, foreca...