Principal Compensation AnalystTSMC Arizona is seeking a Principal Compensation Analyst to join our 4-nanometer fab in Phoenix. This role requires a high level of integrity, analytical rigor, accountability, and collaboration, aligned with our core values: Integrity, Commitment, Innovation, and Customer Trust.
The Principal Compensation Analyst operates with minimal direction and serves as a subject matter expert in compensation design, analysis, benchmarking, and program governance. This role leads complex compensation initiatives that support a rapidly scaling manufacturing operation while ensuring audit readiness and regulatory compliance.
The position partners cross-functionally with Corporate, Overseas Compensation, HR, and business stakeholders to design, model, and implement competitive and compliant pay programs.
Roles & Responsibilities- Lead complex compensation analyses including market pricing, incentive design, job leveling, pay equity review, and cost modeling.
- Develop advanced Excel models to evaluate alternative program designs, financial impact, and implementation scenarios.
- Conduct annual market reviews and benchmark assessments using industry surveys (e.g., Radford, WTW).
- Partner with HR and business leaders to provide data-driven recommendations aligned to organizational strategy.
- Support scaling initiatives through compensation structure design and program enhancements.
- Ensure compliance with applicable regulations, audit requirements, and internal controls; maintain plan documents, SOPs, and supporting documentation.
- Serve as primary point of contact for compensation design matters and collaborate with HQ TRD teams on cross-functional initiatives.
- Mentor junior team members and ensure effective knowledge transfer to compensation delivery teams.
- Leverage analytics and AI tools to enhance reporting, insights, and operational efficiency.
Minimum Qualifications- Bachelor's degree in Human Resources, Business, Finance, Mathematics, or related field.
- 7+ years of progressive compensation experience including program design, benchmarking, survey participation, and implementation.
- Strong understanding of compensation governance, compliance, and audit frameworks.
- Advanced Excel proficiency (data modeling, pivot tables, lookups, complex formulas; macros a plus).
- Strong quantitative, statistical, and analytical capabilities.
- Experience with HCM systems (PeopleSoft preferred).
- Exceptional attention to detail and accuracy.
- Strong communication skills with the ability to influence across levels and functions.
- Flexibility to support business needs in a fast-paced environment.
Preferred Qualifications- Experience in multinational, high-growth manufacturing, semiconductor, or advanced engineering environments strongly preferred.
- CCP certification is preferred (in progress acceptable).
Physical Requirements:- Primarily an office-based role requiring the ability to sit for extended periods of time while working at a computer.
- Ability to use a computer, keyboard mouse and other standard office equipment for prolonged periods of time.
- Ability to occasionally stand, walk, reach, bend, and carry light objects.
- May require occasional travel to company sites or other meetings that involve walking through office, industrial or construction environments
Work Location:Candidates must be willing and able to work on-site at our Phoenix, Arizona facility: 5088 W. Innovation Circle, Phoenix, AZ 85083.
Application Consideration Consent:By applying to this position, I acknowledge and agree that my application and qualifications may be considered for other roles within the company. However, I reserve the right to withdraw my consent for future consideration of other roles within the company at any time.
As a valued member of the TSMC family, we place a significant focus on your health and well-being. When you are at your best physically, mentally, and financially, our company thrives. TSMC offers a comprehensive and competitive benefits program that includes:
- Medical, Dental, and Vision Plans: Choose the options that best fit your and your family's needs.
- Income-Protection Programs: Financial assistance during injury or illness.
- 401(k) Retirement Savings Plan: Secure your financial future with competitive employer contributions.
- Paid Time-Off Programs and Holidays: Recharge and spend quality time with loved ones.
TSMC Arizona maintains the right to change or assign other duties to this position
#LI-Onsite
Travel: 0-5%
Onsite work required.
Date: Jun 28, 2026
Country/Region: US
City: Phoenix
Company: TSMC Arizona