• Compensation Analyst III

    ThermoFisher Scientific (Waltham, MA)


    Work Schedule

     

    Standard (Mon-Fri)

     

    Environmental Conditions

     

    Office

    Job Description

    **COMPANY:** Thermo Fisher Scientific, Inc.

    **LOCATION:** 168 Third Ave., Waltham, MA 02451 (can work remotely)

    **TITLE:** Compensation Analyst III

    **HOURS:** Monday to Friday, 8:00 am to 5:00 pm

    **DUTIES:** Lead and assist in the planning, design, implementation, monitoring, and administration of new or complex compensation programs and projects.

     

    Administer and monitor compensation programs for assigned clients and regions.

     

    Lead and assist in the design and implementation of programs and provide consultation, guidance, and support to HR partners and line managers on compensation matters.

     

    Analyze labor and market data to assess competitive position of compensation or benefits programs and develop recommended actions based on findings.

     

    Develop advanced financial models, performs detailed statistical analysis, and prepare reports and presentations.

     

    Research and analyze new or revised regulations and legislation, provide assessment of impact, and develop recommended actions.

     

    Support merger and acquisition related program integrations and transitions.

     

    **TRAVEL:** Up to 5% domestic and international travel required. **Telecommuting Employee:** Reports to company headquarters in Waltham, MA. Can work remotely or telecommute.

    **REQUIREMENTS:** Master’s degree or foreign degree equivalent in Business Administration, Human Resources Management, or related field of study plus 3 years of experience as a Rewards Specialist or related occupation. Employer will also accept a Bachelor’s degree or foreign degree equivalent in Business Administration, Human Resources Management, or related field of study plus 5 years of experience as a Rewards Specialist or related occupation as an equivalent alternative.

    Required knowledge or experience with:

    Data analysis in Excel including complicated formulas, data models, and analyzing large datasets;

     

    Data storytelling experience translating complex data findings into dashboards, graphs, and PowerPoint slides;

     

    HR Information Systems including Oracle and Workday;

     

    Market pricing methodologies;

     

    Complex organizations structures and environments with international compensation and benefits practices;

     

    Compensation-related laws and regulations including FLSA & EEO;

     

    Compensation and benefits theories, principles, job evaluation, and job leveling techniques.

     

    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.