Thermo Fisher Scientific

Executive Compensation Senior Manager

Thermo Fisher Scientific$130K — $194K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred.
  • Certified Executive Compensation Professional (CCP) preferred.
  • 10 years' experience in a complex, analytical environment.
  • Experience with advanced tools like Workday and Power BI.
  • Strong project management and analytical skills.

Responsibilities

  • Support Compensation Committee decision-making and disclosures.
  • Prepare drafts of Compensation Committee materials.
  • Analyze external best practices for design recommendations.
  • Manage annual total compensation planning for VPs and above.
  • Automate and enhance processes in collaboration with HR Technology teams.

Benefits

  • National medical and dental plans, and vision plan availability.
  • Employee assistance and family support programs offered.
  • At least 120 hours paid time off (PTO) plus 10 paid holidays annually.
  • Paid parental leave and accident/life insurance coverage provided.
  • Retirement offerings including a competitive 401(k) plan and stock purchase options.
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

DESCRIPTION:
Join our Total Rewards team as a Senior Manager of Compensation, where you'll contribute to shaping and delivering effective compensation and benefits 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.
Key Responsibilities
  • Support the Compensation Committee decision making and external disclosures:
  • Prepare drafts of Compensation Committee materials
  • Analyze external best practices to support design recommendations
  • Support proxy and other external disclosures
  • Support annual total compensation planning for all VPs and above (Band 11-13 population of ~450)
  • Prepare a summary of planning and provide analytical support for CEO/CHRO
  • System enablement via Workday Drive and Power BI
  • Prepare individualized compensation statements
  • Transformation and technology:
  • Partner with HR Technology and Digital teams to automate and continuously enhance processes (Workday, Power BI dashboards and AI tools)
  • Executive compensation analytics:
  • Market pricing
  • Compensation proposals and incremental cost reporting
  • Termination cost impact
  • Support long-term incentive participant education and communication campaigns
  • Support executive compensation aspects of M&A
Knowledge, Skills & Abilities
  • Analytical, data driven approach with financial modeling and project management capabilities
  • Executive presence with exceptional stakeholder management
  • Sound judgment and ability to manage highly confidential information, work with discretion and confidentiality and strong customer service focus
  • Strong attention to detail with the ability to connect dots of the bigger picture
  • Ability to be highly agile, flexible, able to pivot based on new information, different or unexpected circumstances
  • Experience with Workday, Power BI, AI tools and advanced Excel and PowerPoint
  • Continuous improvement and growth mindset
How will you get here?
  • Bachelor's degree required, MBA or other master's degree in related field preferred
  • Certified Executive Compensation Professional / CCP preferred
  • 10 years' experience working in a complex matrixed environment desired in highly analytical field such as finance, consulting etc


*No relocation assistance provided at this time*

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

About Thermo Fisher Scientific

Thermo Fisher Scientific Careers

Join the vibrant team at Thermo Fisher Scientific, a global leader in serving science and making the world healthier, cleaner, and safer. With a workforce of over 75,000 professionals, Thermo Fisher Scientific offers unparalleled job opportunities and a culture of innovation that propels your career to new heights. Work You’ll Do At Thermo Fisher Scientific, you will be part of a team that is dedicated to enabling our customers to make the world healthier. Whether you are involved in the development of life-saving drugs or innovative environmental solutions, your work will have a profound impact on society. Our commitment to leadership in the industry is unwavering. With Thermo Fisher Scientific, you will lead projects that set standards in scientific inquiry and market leadership. You will work at the intersection of science, technology, and industry expertise, driving digital innovation in every aspect of our business. Join our diverse team of professionals and engage in roles that span across various functions and disciplines. From research and development to marketing and sales, the breadth of job opportunities available means that you can find the perfect match for your skills and passions. Innovative Work As part of our team, you will have access to cutting-edge tools and technologies that foster creativity and innovation. Thermo Fisher Scientific is home to a dynamic range of career paths, all designed to challenge you and help you grow as a professional. Our employment philosophy emphasizes diversity and inclusivity, ensuring that all team members have the opportunity to thrive. We believe in nurturing talent through robust training programs, leadership development, and opportunities for career advancement. Be Part of a Great Team Working at Thermo Fisher Scientific means being part of a global network of enthusiastic, talented, and ambitious individuals. Our culture is built on collaboration, where each member’s unique skills and perspectives are valued. You will enjoy benefits that support both your professional growth and personal well-being. Future-Proof Your Career Embark on a journey of growth and continuous learning with Thermo Fisher Scientific. We offer a variety of training and development programs that cater to your interests and career goals. From internships for budding scientists to leadership training for aspiring executives, our programs are designed to equip you with the skills needed for a successful and fulfilling career. Explore Discover how our commitment to innovation leads to advancements in health and science: [Read More] Learn about our leadership in environmental sustainability and how you can contribute: [Read More] The Thermo Fisher Scientific Difference Our global presence and commitment to innovation mean that your work extends beyond borders and makes a tangible impact worldwide. The collaboration between our teams drives our leadership in the scientific community and contributes to a culture that embraces diversity and fosters professional growth. Stay Connected Join Our Team Search open positions that match your skills and interest. We are always on the lookout for passionate, curious, and driven team players. Explore our job opportunities and find out how you can contribute to our meaningful work. SEARCH THERMO FISHER SCIENTIFIC JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Thermo Fisher Scientific.
Learn more about Thermo Fisher Scientific
Size
130,000 employees
Market Cap
$213.3 billion
Industry
Net Income
$6.3 billion
Founded
1956
5 Year Trend
+16.5%
Revenue
$32.2 billion
NASDAQ

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