Principal Compensation Analyst

TSMC - Taiwan Semiconductor Manufacturing Company Limited; Arizona; On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, and Vision Plans

Income-Protection Programs

401(k) Retirement Savings Plan

Paid Time-Off Programs and Holidays

Job summary

A leading semiconductor manufacturing firm in Arizona seeks a Principal Compensation Analyst. This role demands strong analytical capabilities and at least 7 years of progressive experience in compensation. Responsibilities include leading complex compensation initiatives, conducting market analysis, and collaborating with various stakeholders. Ideal candidates will possess a bachelor's degree in related fields and advanced Excel proficiency. The position is based on-site in Phoenix, with a comprehensive benefits package provided.

Qualifications

• 7+ years of progressive compensation experience including program design and implementation.
• Strong understanding of compensation governance and compliance.
• Ability to collaborate cross-functionally with various teams.

Responsibilities

• Lead complex compensation analyses including market pricing and incentive design.
• Develop advanced Excel models for program evaluation.
• Conduct annual market reviews using industry surveys.

Skills

Analytical capabilities

Strong communication skills

Attention to detail

Excel proficiency

Quantitative skills

Education

Bachelor’s degree in Human Resources, Business, Finance, Mathematics, or related field

Tools

PeopleSoft

Job description

Principal Compensation Analyst

A career at TSMC Arizona offers an unparalleled opportunity to contribute to the most advanced semiconductor fabrication facility in the United States. TSMC Arizona's first fab began production with leading‑edge N4 process technology in the first half of 2025. The second and third fabs, utilizing even more advanced process technology, will start production by 2028‑2030. America's leading technology companies will rely on TSMC Arizona for the next generations of chips that will power the digital future.

Job Description

TSMC Arizona is seeking a Principal Compensation Analyst to join our 4‑nanometer fab in Phoenix. This role requires a high level of integrity, analytical rigor, accountability, and collaboration, aligned with our core values: Integrity, Commitment, Innovation, and Customer Trust.

The Principal Compensation Analyst operates with minimal direction and serves as a subject matter expert in compensation design, analysis, benchmarking, and program governance. This role leads complex compensation initiatives that support a rapidly scaling manufacturing operation while ensuring audit readiness and regulatory compliance.

The position partners cross‑functionally with Corporate, Overseas Compensation, HR, and business stakeholders to design, model, and implement competitive and compliant pay programs.

Roles & Responsibilities

• Lead complex compensation analyses including market pricing, incentive design, job leveling, pay equity review, and cost modeling.
• Develop advanced Excel models to evaluate alternative program designs, financial impact, and implementation scenarios.
• Conduct annual market reviews and benchmark assessments using industry surveys (e.g., Radford, WTW).
• Partner with HR and business leaders to provide data‑driven recommendations aligned to organizational strategy.
• Support scaling initiatives through compensation structure design and program enhancements.
• Ensure compliance with applicable regulations, audit requirements, and internal controls; maintain plan documents, SOPs, and supporting documentation.
• Serve as primary point of contact for compensation design matters and collaborate with HQ TRD teams on cross‑functional initiatives.
• Mentor junior team members and ensure effective knowledge transfer to compensation delivery teams.
• Leverage analytics and AI tools to enhance reporting, insights, and operational efficiency.

Minimum Qualifications

• Bachelor’s degree in Human Resources, Business, Finance, Mathematics, or related field.
• 7+ years of progressive compensation experience including program design, benchmarking, survey participation, and implementation.
• Strong understanding of compensation governance, compliance, and audit frameworks.
• Advanced Excel proficiency (data modeling, pivot tables, lookups, complex formulas; macros a plus).
• Strong quantitative, statistical, and analytical capabilities.
• Experience with HCM systems (PeopleSoft preferred).
• Exceptional attention to detail and accuracy.
• Strong communication skills with the ability to influence across levels and functions.
• Flexibility to support business needs in a fast‑paced environment.

Preferred Qualifications

• Experience in multinational, high‑growth manufacturing, semiconductor, or advanced engineering environments strongly preferred.
• CCP certification is preferred (in progress acceptable).

Physical Requirements:

• Primarily an office‑based role requiring the ability to sit for extended periods of time while working at a computer.
• Ability to use a computer, keyboard, mouse and other standard office equipment for prolonged periods of time.
• Ability to occasionally stand, walk, reach, bend, and carry light objects.
• May require occasional travel to company sites or other meetings that involve walking through office, industrial or construction environments.

Work Location:

Candidates must be willing and able to work on‑site at our Phoenix, Arizona facility: 5088 W. Innovation Circle, Phoenix, AZ 85083.

Application Consideration Consent

By applying to this position, I acknowledge and agree that my application and qualifications may be considered for other roles within the company. However, I reserve the right to withdraw my consent for future consideration of other roles within the company at any time.

As a valued member of the TSMC family, we place a significant focus on your health and well‑being. When you are at your best physically, mentally, and financially, our company thrives. TSMC offers a comprehensive and competitive benefits program that includes:

• Medical, Dental, and Vision Plans: Choose the options that best fit your and your family’s needs.
• Income‑Protection Programs: Financial assistance during injury or illness.
• 401(k) Retirement Savings Plan: Secure your financial future with competitive employer contributions.
• Paid Time‑Off Programs and Holidays: Recharge and spend quality time with loved ones.

TSMC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.

We encourage all qualified individuals to apply and welcome applications from diverse backgrounds and experiences. Candidates must be able to perform the essential functions of the job with or without reasonable accommodation. If you need an accommodation as part of the application process, please contact [e-mail].

TSMC Arizona maintains the right to change or assign other duties to this position.

All offers of employment are contingent upon the successful completion of TSMC Arizona’s pre‑employment screening process. This process may include verifying the candidate’s identity, confirming legal authorization to work in the offered position’s location, educational background and a comprehensive background check, where permitted by local regulations.

#LI-Onsite

Travel: 0–5%
Onsite work required.