Rewards Regional Partner (Compensation experience required - Nashville, TN)

About the role

Join the Philips North America Total Rewards team as a Rewards Regional Partner, where you will shape competitive, equitable rewards programs while supporting business leaders.

Responsibilities

• Act as a strategic advisor to People Business Partners and business leaders on rewards matters.
• Guide and influence compensation decisions, including salary positioning, promotions, and complex/senior offers, ensuring alignment with market data, internal equity, and business priorities.
• Translate insights into clear, actionable recommendations, presenting trade-offs, risks, and opportunities to stakeholders, while proactively identifying and addressing risks related to pay competitiveness, internal equity, and policy application.
• Build capability within the business by coaching leaders and People Business Partners on rewards principles and decision-making.
• Own the strategy, design, and delivery of U.S. Health & Wellbeing programs, including medical, wellness, and related benefits.
• Evaluate program performance, utilization, and financial impact to optimize plan design, manage costs, and inform long-term strategy, in addition to leading vendor strategy and management, including brokers, carriers, and third-party administrators (selection, negotiations, performance management, and governance).
• Ensure programs are competitive, compliant, and aligned with Philips’ global rewards strategy and local regulations.
• Drive continuous improvement and innovation in Health & Wellbeing offerings, leveraging employee feedback, market trends, and best practices.
• Lead and deliver regional rewards initiatives and projects, while contributing to global programs and transformations.
• Collaborate cross-functionally with HR, Finance, Legal, and Payroll to ensure effective execution and alignment.

Requirements

• Acquired 5+ years’ experience with a Bachelor’s or 3+ years’ experience with Master’s in areas such as rewards management, compensation, total rewards or related areas.
• Experience in advising on compensation decisions, U.S. Health & Welfare self-funded benefit plans, and vendor management.
• Experience using HRIS and compensation systems (preferably Workday), along with solid knowledge of U.S. compensation practices, laws, and regulations.
• AI literacy is a plus.
• Bachelor's degree in Rewards Management, Human Resources, or a related field.

Qualifications

• Successfully perform the following minimum Physical, Cognitive and Environmental job requirements.

Skills

• Excellent communication and highly organized multi-tasking skills.
• Strong attention to detail and presentation skills.
• Independent work ability, managing time and priorities effectively in fast-paced environments.
• Sound judgment and professionalism.
• Discretion in handling confidential information.
• Influence stakeholders with clarity and confidence.

Benefits

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives, may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.

Pay

The pay range for this position in Nashville, TN is $123,000 to $195,000. The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

Schedule

This is an office role. Employees are required to work at least 3 days per week in the company’s facilities.