Head Of Rewards

Michael Page; Taguig; On-site; PHP 1,800,000 - 3,200,000; Full time

Job summary

Michael Page Philippines partners with a financial services market leader to recruit a Head of Rewards. This executive will shape enterprise-wide rewards and benefits programs, ensuring compliance with Philippine regulations and industry standards while benchmarking against market trends.

The role requires strong compensation and benefits experience in financial services, plus the ability to lead cross-functional teams and provide strategic guidance on salary structures and incentive programs.

Qualifications

• Strong experience in compensation and benefits, particularly in the financial services industry.
• Proven expertise in designing and implementing rewards strategies.
• Deep understanding of local labor laws and compliance requirements in the Philippines.

Responsibilities

• Develop and implement competitive rewards and benefits programs that align with business objectives.
• Ensure compliance with local regulations and industry standards in all rewards and benefits policies.
• Conduct market benchmarking and analysis to maintain competitive compensation structures.
• Collaborate with stakeholders to create a comprehensive rewards strategy that attracts and retains top talent.
• Manage performance-based incentive programs and ensure their alignment with company goals.
• Oversee the end-to-end administration of employee benefits, including health and wellness programs.
• Provide strategic guidance on salary structures, promotions, and adjustments.
• Monitor and evaluate the effectiveness of rewards programs and recommend improvements as needed.

Skills

Compensation & Benefits

Rewards strategy design

Labor law Philippines

Data analysis

Stakeholder collaboration

Communication

Job description

Job Description

• Head of Rewards role for a financial services market leader


• Mandate to drive enterprise-wide transformation

About Our Client

A 20,000 headcount business and financial services market leader in the PH.

Job Description

• Develop and implement competitive rewards and benefits programs that align with business objectives.


• Ensure compliance with local regulations and industry standards in all rewards and benefits policies.


• Conduct market benchmarking and analysis to maintain competitive compensation structures.


• Collaborate with stakeholders to create a comprehensive rewards strategy that attracts and retains top talent.


• Manage performance-based incentive programs and ensure their alignment with company goals.


• Oversee the end-to-end administration of employee benefits, including health and wellness programs.


• Provide strategic guidance on salary structures, promotions, and adjustments.


• Monitor and evaluate the effectiveness of rewards programs and recommend improvements as needed.

The Successful Applicant

A Successful Head Of Rewards Should Have

• Strong experience in compensation and benefits, particularly in the financial services industry.


• Proven expertise in designing and implementing rewards strategies.


• Deep understanding of local labor laws and compliance requirements in the Philippines


• Excellent analytical and problem-solving skills for market benchmarking and data analysis.


• Ability to collaborate effectively with various stakeholders and lead cross-functional teams.


• Strong communication skills to present insights and recommendations clearly.

What's on Offer

A key HR leadership role, vital to future-proofing the firm against an ever-changing talent market.

Quote job ref: JN-052026-7024558