Executive Compensation Senior Manager

Thermo Fisher ScientificWaltham, MA
$130,000 - $194,950Onsite

About The Position

Join our Total Rewards team as a Senior Manager of Compensation, where you'll contribute to shaping and delivering effective compensation and benefits solutions. You'll lead the design, governance, and administration of comprehensive rewards programs while collaborating with business leaders and HR partners to create solutions that drive employee engagement and business success. This leadership position offers the opportunity to influence strategic compensation decisions, manage complex projects, and contribute to the company's global rewards initiatives.

Requirements

  • Bachelor's degree required
  • 10 years’ experience working in a complex matrixed environment desired in highly analytical field such as finance, consulting etc

Nice To Haves

  • MBA or other master’s degree in related field preferred
  • Certified Executive Compensation Professional / CCP preferred

Responsibilities

  • Support the Compensation Committee decision making and external disclosures: Prepare drafts of Compensation Committee materials, Analyze external best practices to support design recommendations, Support proxy and other external disclosures
  • Support annual total compensation planning for all VPs and above (Band 11-13 population of ~450)
  • Prepare a summary of planning and provide analytical support for CEO/CHRO
  • System enablement via Workday Drive and Power BI
  • Prepare individualized compensation statements
  • Partner with HR Technology and Digital teams to automate and continuously enhance processes (Workday, Power BI dashboards and AI tools)
  • Market pricing
  • Compensation proposals and incremental cost reporting
  • Termination cost impact
  • Support long-term incentive participant education and communication campaigns
  • Support executive compensation aspects of M&A

Benefits

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
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