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Thermo Fisher Scientific Inc.

Senior Compensation Analyst

Career Insights for Compensation / Benefits Analyst

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Based on Massachusetts data

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What they do

A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.

$89,882 / year median in Massachusetts

+36% projected growth

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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 Thank you for your interest as you consider starting a new career journey with us. As the world leader in serving science, our colleagues develop critical solutions through innovation—and build rewarding careers. Discover their extraordinary stories and connection to our Mission to enable our customers to make the world healthier, cleaner and safer. Their work is a story of purpose. What story will you tell? Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of more than $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.