Compensation Analyst III

Job description

Work Schedule Standard (Mon-Fri) Environmental Conditions Office Job Description As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer. DESCRIPTION: 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: • Advanced Degree plus 3 years of experience, or Bachelor's Degree plus 5 years of experience in compensation and benefits administration, preferably in a global organization • Preferred Fields of Study: Human Resources, Business Administration, Finance, or related field • Professional certifications in Compensation (CCP, GRP) preferred • Strong financial acumen and analytical capabilities • Advanced proficiency in MS Excel and data visualization tools • Experience with HRIS systems, particularly Workday • Demonstrated project management skills with ability to manage multiple initiatives simultaneously • Strong interpersonal skills with ability to influence and communicate effectively across all organizational levels • Experience working in unionized or works council environments • Proven ability to work independently • Strong attention to detail and commitment to data accuracy and confidentiality • Ability to analyze market data and develop competitive compensation recommendations Compensation and Benefits The salary range estimated for this position based in Massachusetts is $83,300.00–$125,000.00. This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes: 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 For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards