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Sr Compensation Manager

Thermo Fisher Scientific
Posted a day ago, valid for a month
Location

Waltham, MA, US

Salary

$130,000 - $194,950 per year

Contract type

Full Time

Paid Time Off
Life Insurance
Tuition Reimbursement
Employee Assistance

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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 Total Rewards team as a Senior Manager of Compensation, where you'll contribute to shaping and delivering effective compensation solutions. You'll lead the design, governance, and administration of comprehensive rewards programs while collaborating with business leaders and HR partners to create solutions that drive employee engagement and business success. This leadership position offers the opportunity to influence strategic compensation decisions, manage complex projects, and contribute to the company's global rewards initiatives.

REQUIREMENTS:
• Bachelor's Degree plus 8-10 years of experience in compensation and benefits management, with demonstrated expertise in program design and administration
• Preferred Fields of Study: Business Administration, Human Resources, Finance, Sciences, or related field
• Professional certification in Compensation and Benefits preferred
• Knowledge of compensation laws, regulations, and market practices
• Advanced analytical and financial modeling skills
• Experience managing compensation infrastructure and salary structures within job architecture frameworks
• Strong business partnering skills with ability to influence stakeholders at all levels

• Experience in the design, development and delivery of corporate compensation programs

• Experience managing relationships with external vendors, brokers, and consultants
• Advanced proficiency in MS Excel, HRIS systems, and digital tools
• Strong project management and process improvement capabilities
• Excellent communication and presentation skills, with ability to explain complex concepts clearly
• Change management experience, including works council interactions
• Flexibility with scheduling and travel as needed
• Detail-oriented with focus on accuracy
• Independent problem-solving abilities with practical solutions

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $130,000.00–$194,950.00.

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




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