Sr. Compensation Specialist

TSMCCamas, WA
Onsite

About The Position

Join TSMC Washington and help power the future of technology. At TSMC, we don't just make semiconductors; we innovate to transform industries and enhance lives. As the world’s leading semiconductor foundry, we partner with top tech companies to drive advancements in industries such as healthcare, automotive, consumer electronics, and renewable energy. At TSMC Washington, you'll thrive where innovation meets precision manufacturing, and integrity guides our high standards and customer trust. Our visionary leaders collaborate with clients to achieve groundbreaking results, ensuring our leadership in the semiconductor sector. Explore career opportunities with TSMC Washington and join a company with a commitment to excellence and innovation. At TSMC Washington a Sr. Compensation Specialist will play a crucial role in managing and optimizing our employee compensation programs. This position requires a strategic thinker with a keen eye for detail, excellent analytical skills, and a passion for providing exceptional support to our employees. The Sr. Compensation Specialist will work closely with HR, finance, and TSMC HQ to ensure our compensation programs are competitive, cost-effective, and aligned with our company values and objectives.

Requirements

  • Bachelor’s degree in Human Resources, Business Administration, or a related field.
  • Minimum of 2-4 years of experience in compensation administration required.
  • Strong analytical and problem-solving skills.
  • Excellent interpersonal and communication skills.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Experience with HRIS systems and benefits administration platforms.
  • Familiarity with federal, state, and local compensation regulations.
  • Ability to manage multiple projects and prioritize tasks effectively.

Nice To Haves

  • Power Bi a plus
  • WorldatWork: Certified Compensation Professional (CCP) is a plus

Responsibilities

  • Analyze and evaluate existing benefit & compensation programs to ensure they are competitive and cost-effective.
  • Conduct benchmarking and market analysis to identify trends and make recommendations for plan design improvements.
  • Collaborate with HR and finance teams to manage compensation budgets and forecast future costs.
  • Serve as a point of contact for employees regarding compensation inquiries and issues, providing clear and informative responses.
  • Maintain accurate and up-to-date records of employee benefit & compensation data in HRIS and other relevant systems.
  • Ensure compliance with federal, state, and local regulations regarding employee compensation.
  • Assist in the development and implementation of new benefit & compensation programs and initiatives.
  • Prepare reports and presentations for senior management to support decision-making processes.
  • Stay informed about industry trends and best practices in benefit & compensation management.
  • Collaboration & cross-training protocols within HR, specifically encompassing areas like benefit programs and HRIS systems. Extend these collaborative efforts to engage cross-functional departments and various organizational locations.

Benefits

  • market-competitive pay
  • profit sharing
  • incentive bonuses
  • tuition assistance
  • Sign-On Bonus
  • Relocation Bonus
  • medical, dental, and vision insurance
  • wellbeing program
  • basic life insurance
  • accidental death and dismemberment insurance
  • 401(k) plan with an employer match
  • employee stock purchase program
  • 12 recognized holidays per year
  • accrue 120 hours of paid time off annually their first year
  • fitness center
  • game room
  • on-site physical therapist
  • subsidized café where meals cost as low as $6 a day!
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