A totally rewarding
experience

 

When you're fulfilled, we grow and deliver together

Doing the work of your life isn't just about the impact you'll deliver at Philips. It's also the people you'll meet,
collaborate with and learn from. It's the opportunities you'll have to develop and take on new challenges. 
It's feeling supported every step of the way.

You can't deliver exceptional, life-changing work unless you feel recognized and rewarded. We know that;
and our approach to ensuring competitive compensation, benefits, health and wellness programs for all
Philips employees (full-time and part-time) is called the Total Rewards Concept.

The Philips Total Rewards Concept consists of four main elements. Keep reading to learn more.
 

Ready to do the work of your life to help the lives of others?

 

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1. A life of balance
Ensuring that our people can find a work/life balance that enables them to enjoy their private lives while thriving in their professional lives is key to our offering. 
 
Beyond the standard paid time off for vacations and sick leave, we offer generous paternity leave and free resources for caregivers.

We believe that we are better together than apart. Working together side-by-side allows us to build stronger connections and drive impact for patients, customers, and consumers. Being together creates moments that matter, sparking creativity and fostering a supportive community.

 
Work life balance at Philips

2. Financial Health
Doing the work of your life doesn't mean doing it for less than your true worth either. Feeling fully and fairly compensated is a critical component of feeling like a truly valued member of the Philips team.

You'll receive extremely competitive compensation, based on thorough market reviews, the cost of living in specific areas, and adjusted to factors such as performance and experience. Our Annual Incentive program will make sure your performance and contribution towards business results is also recognized in your compensation package.

Your future will be taken care of through our extremely generous pension schemes and contributions, and discounts on supplemental benefits, such as insurance.

As we succeed, you should succeed too. Employees can purchase Philips stock at a 15% discount, receive up to 60% off Philips products, and get access to a wide range of deals and discounts. Full-time  employees have the option to instantly access their monthly salary in advance.

3. Physical health
A rewarding work experience means supporting our people’s health and well-being too. How we do that takes a wide variety of forms. For example, we offer ergonomic support in setting up your workstation in the best and most suitable way.
 
You’ll find a variety of employee-led sports teams and activities in most of our locations.
 
We also support membership at fitness clubs and offer medical plans and insurance, which differ according to your region and regional healthcare systems. 
Physical activities at Philips

4. Career health
Improving the lives of all people around the world includes you – and all our people. You can only truly do the work of your life if you're learning, developing and growing along the way. It's a path, not a project.

Whatever your interest, you'll find traditional learning tools in the form of Philips University and LinkedIn learning, where you'll have unlimited access to everything from picking up languages to leadership development and even LEAN certification. Some regions may offer paid days off for personal development too.

But growth isn't all about courses or certifications. Leaders at Philips see mentoring as a privilege and a critical aspect of developing talented employees who will help us create the healthcare systems of tomorrow. And our company-wide gig system means you'll be encouraged to pick up small projects with other teams to deepen your knowledge and understanding, so you never stop growing and learning.

Do the work of your life
​​​​​​​to help the lives of others

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