Principal Compensation Analyst

Taiwan Semiconductor Manufacturing Company Limited

$100K — $130K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Business, Finance, Mathematics, or a related field.
  • 7+ years of experience in compensation, focusing on program design and implementation.
  • Expertise in compensation governance and compliance frameworks.
  • Advanced proficiency in Excel for data modeling and analysis.
  • Strong quantitative and analytical skills, particularly in statistics.
  • Experience with HCM systems, preferably PeopleSoft.
  • Exceptional attention to detail and accuracy in analytical tasks.
  • Strong communication skills to influence stakeholders.

Responsibilities

  • Lead complex compensation analyses including job leveling and pay equity review.
  • Develop Excel models to assess program design and financial impacts.
  • Conduct annual market reviews using industry surveys for benchmarking.
  • Partner with HR and business leaders for data-driven compensation recommendations.
  • Support scaling initiatives by designing compensation structures.
  • Ensure compliance with regulations and maintain relevant documentation.
  • Serve as the primary contact for compensation design matters.

Benefits

  • Medical, Dental, and Vision Plans tailored to employee needs.
  • Income-Protection Programs for financial support during illness or injury.
  • 401(k) Retirement Savings Plan with competitive employer contributions.
  • Paid Time-Off Programs to promote work-life balance.
Full Job Description
Principal Compensation Analyst

TSMC 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

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