Compensation Analyst III

Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, Healthcare, Scientific InstrumentationIndustries

Requirements

Candidates must possess a Master's degree or foreign equivalent in Business Administration, Human Resources Management, or a related field, plus 3 years of experience as a Rewards Specialist or in a similar role. Alternatively, a Bachelor's degree or foreign equivalent in a related field with 5 years of relevant experience is acceptable. Required expertise includes advanced Excel data analysis with complex formulas and large datasets, data storytelling for presentations and dashboards, familiarity with HRIS like Oracle and Workday, knowledge of market pricing methodologies, understanding of complex organizational structures and international compensation practices, familiarity with compensation laws such as FLSA and EEO, and knowledge of compensation theories, job evaluation, and leveling techniques.

Responsibilities

The Compensation Analyst III will lead and assist in the planning, design, implementation, monitoring, and administration of compensation programs and projects. Responsibilities include administering and monitoring compensation programs for assigned clients and regions, providing consultation and guidance on compensation matters to HR partners and managers, analyzing labor and market data to assess competitive positioning, developing recommended actions based on findings, creating advanced financial models, performing statistical analysis, preparing reports and presentations, researching and assessing the impact of new regulations, and supporting merger and acquisition integrations.

Skills

Compensation program design

Compensation program administration

HR consultation

Market data analysis

Financial modeling

Statistical analysis

Report preparation

Presentation development

Regulatory analysis

Merger and acquisition integration

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters

1956Year Founded

$17MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.

Sale of anatomical pathology business could create a temporary product gap.

Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.

Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.

They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.

Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.

Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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