Senior Compensation Analyst

ThermoFisher Scientific; Waltham (MA); On-site; USD 110,000 - 155,000; Full time

Benefits offered by this job

Medical and dental plans

Vision plan

Tuition reimbursement

Paid time off (PTO) and holidays

Parental leave

Disability insurance

401(k) retirement plan

Employee stock purchase plan (ESPP)

Job summary

Thermo Fisher Scientific is seeking a Senior Compensation Analyst to partner with HR and business leaders on total rewards strategy. You will analyze market trends, design compensation programs, and drive the annual compensation cycle while aligning with business goals.

You will handle confidential data, provide strategic compensation consulting, and support benefit programs and system implementations across the organization.

Qualifications

• Bachelor's Degree plus 6 years of related experience.
• 3+ years in compensation or related field preferred.
• Advanced Excel skills including complex formulas, modeling, and data visualization.
• Strong analytical capabilities with ability to interpret data, identify trends, and present insights.
• Experience with HRIS systems, particularly Workday preferred.
• 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.
• Experience with benefit platforms and flexible benefits technology preferred.
• Detail-oriented with strong problem-solving capabilities.
• Ability to work independently.
• Financial understanding to connect rewards strategies with business objectives.

Responsibilities

• Analyze market trends and manage compensation programs.
• Facilitate the annual compensation cycle and salary administration.
• Develop and implement total rewards solutions across organizational levels.
• Support benefit program design, M&A integrations, and system implementations.

Skills

Advanced Excel

Data analysis

HRIS (Workday)

Project management

Consulting

Communication

Discretion/confidentiality

Global compensation

Benefits platforms

Detail-oriented

Independent work

Financial understanding

Education

Bachelor's degree

6+ years related experience

Tools

Workday

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

• Bachelor's Degree plus 6 years of related experience
• 3+ years in compensation or related field preferred
• Advanced Excel skills including complex formulas, modeling, and data visualization
• Strong analytical capabilities with ability to interpret data, identify trends, and present insights
• Experience with HRIS systems, particularly Workday preferred
• 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
• Experience with benefit platforms and flexible benefits technology preferred
• Detail-oriented with strong problem-solving capabilities
• Ability to work independently
• Financial understanding to connect rewards strategies with business objectives

Compensation and Benefits

The salary pay range estimated for this position Sr Compensation Analyst based in Massachusetts is $110,000.00–$154,700.00.

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

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.