Senior Compensation Analyst
About The Position
Join our inclusive Total Rewards team at Thermo Fisher Scientific as a Senior Compensation Analyst and contribute to our global compensation and benefits strategy. In this position, you'll collaborate with HR teams and business leaders to develop and implement effective total rewards solutions that attract, retain, and support talent. You'll analyze market trends, manage compensation programs, and facilitate the annual compensation cycle while ensuring alignment with our business objectives. Working with highly confidential data, you'll provide strategic compensation consulting across all organizational levels, conduct detailed market research, and develop solutions for salary administration, incentives, and long-term plan designs. You'll also support various critical projects including benefit program design, M&A integrations, and system implementations while maintaining productive partnerships with internal stakeholders and external vendors.
Requirements
- Bachelor's Degree plus 6 years of related experience
- Advanced Excel skills including complex formulas, modeling, and data visualization
- Strong analytical capabilities with ability to interpret data, identify trends, and present insights
- Proven project management skills and ability to manage multiple priorities
- Strong consulting and relationship building skills across all organizational levels
- Excellent written and verbal communication abilities
- Demonstrated ability to handle confidential information with discretion
- Knowledge of global compensation practices and regulatory requirements
- Detail-oriented with strong problem-solving capabilities
- Ability to work independently
- Financial understanding to connect rewards strategies with business objectives
Nice To Haves
- 3+ years in compensation or related field preferred
- Experience with HRIS systems, particularly Workday preferred
- Experience with benefit platforms and flexible benefits technology preferred
Responsibilities
- Collaborate with HR teams and business leaders to develop and implement effective total rewards solutions that attract, retain, and support talent.
- Analyze market trends, manage compensation programs, and facilitate the annual compensation cycle while ensuring alignment with our business objectives.
- Provide strategic compensation consulting across all organizational levels.
- Conduct detailed market research.
- Develop solutions for salary administration, incentives, and long-term plan designs.
- Support critical projects including benefit program design, M&A integrations, and system implementations.
- Maintain productive partnerships with internal stakeholders and external vendors.
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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What This Job Offers
Job Type
Full-time
Career Level
Senior
