JOB DESCRIPTION

The Senior Benefits Specialist, USA Benefits 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, benefits, and international mobility to employees, managers and recruiters as well as conducts market analysis to develop competitive programs that attract top talent and comply with local regulations. You will work 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.

• Designs and manages end-to-end rewards programs, including budgeting for merit increases, retention strategies, and incentive plans; conducts market analysis, benchmarking, and forecasting to ensure alignment with corporate strategy and local trends.
• Leads U.S. Benefits initiatives across medical, dental, vision, retiree health, and wellness programs; manages regulatory compliance and reporting (e.g., Form 5500, audits, plan documents), collaborates with legal, privacy, and procurement teams, and drives participant engagement through communications and outreach.
• Provides expert guidance to managers, recruiters, and employees on job evaluations, grading, benefits, and mobility practices; manages vendor relationships, supports audits and plan reconciliations, and ensures consistent, compliant, and transparent rewards administration.