Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
0T
04-2209186 Thermo Fisher Scientific Inc.
Sr Compensation Manager
Career Insights for Compensation / Benefits Manager
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Massachusetts data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Compensation or Benefits Manager manages compensation and benefits systems and records for an organization or company. Determines pay structure and job classifications for company employees. Supervises payroll, accounting of employee benefits, and payout of benefits such as pensions or disability insurance.
$138,372 / year median in Massachusetts
+7% projected growth
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 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.