Senior Compensation Analyst

Experience TSMC Washington where technology leaders are constantly innovating, manufacturing to perfection, and collaborating with customers to achieve greatness. Witness the action-packed team in motion as they strive to maintain their position at the forefront of the industry.The Sr. Compensation Analyst works under minimal direction to provide professional and technical expertise in the planning and execution of compensation projects and programs to support our business needs while meeting all audit and regulatory requirements. Researches and analyzes emerging trends, best practices and designs, costs, generates insights and recommends program changes/options to align with key stakeholders. Advises the HR team and business on existing compensation programs, policies, and guidelines to ensure understanding and smooth implementation. Acts as the day-to-day contact on compensation matters liaising with other key stakeholders, including WA IT, WA Finance & Payroll, external vendors, other TSMC US entities and our Headquarter Total Rewards Division to support cross-functional work efficiency and alignment.Job Responsibilities• Creates data models and supports tool development efforts across the department.• Sets up complex spreadsheets, performs required compensation & data analytics and collects stakeholder feedback to develop and recommend solutions for unique business challenges.• Conducts extensive qualitative/quantitative analysis on overall structure and pay programs including market analysis, incentive analysis, job leveling, benchmark assessment, cost/benefit analysis, compliance, pay equity, and organizational impact in a timely manner.• Participates in implementing compensation strategies to improve operational processing and productivity.• Develops, ensures audit of, and maintains complex excel reports to support data analysis and set up and administration of annual merit and bonus cycles as assigned.• Advises HR partners on compensation programs, including how they can analyze and communicate pay administration programs.• Supports company audits as needed. Ensures company compliance with relevant audits, laws, and regulations. Maintains required documentation as assigned for policy, procedures, controls, and plans.• Develops training material to support programs for HR.• Performs other duties as assigned.Qualifications• Bachelor’s degree in Human Resources, Business Administration, Finance, Mathematics, or related field.• Five (5) years of compensation experience with at least two (2) years of progressive, professional experience in compensation program design, preferably in a multi-national corporation or consultancy firm and desirable industry experience in semiconductor, hi-tech, or manufacturing/engineering environment.• Comprehensive understanding of compensation best practices, audit and regulatory environments.• Proficient in Microsoft Office Suite with advanced excel skills to include experience building data models, v-lookup, pivot-tables, formulas, willing to learn macros.• Strong math skills and understanding of statistics and regression analysis preferred.• Experience with HCM, PeopleSoft and/or SAP desirable.• Experience with surveys, Radford and WTW desirable.• Attention to detail and accuracy is a must.• Excellent collaboration & communication skills, both verbal and written, across different level and functions of organization.• Strong problem-solving, critical thinking and learning ability, with a strong desire to pursue continuous improvement & work excellence.• Resilient when facing challenges and flexibility to work extended time to complete work commitment on a timely basis in a start-up environment.• CCP in progress or completed highly preferred.• Onsite work required.Benefits:• Annual Bonus Program eligibility• Referral Bonus Program pays $500+ per referred new hire• Tuition Assistance Program up to $5,250 per year• Affordable Medical, Dental, Vision Insurance• 10 recognized holidays per year• 401(k) with Employer Match• Paid Time Off (starts at 120 hours/year)• Employee Stock Purchase Plan• Wellbeing Benefit ProgramOn-Site Amenities:• Cafeteria & Break Rooms• On-site Fitness Center• Rec RoomPay Transparency / Benefits statementAt TSMC, your base pay is only part of your overall total compensation package. At the time of this posting, this role typically pays a base salary between $96,360 and $117,249 per year. The range displayed reflects the minimum and maximum target for new hires. Actual pay may be more or less than the posted range. Factors that influence pay include the individual's skills, qualifications, education, experience, and the position level. TSMC’s total compensation package consists of market competitive pay, bonuses, and comprehensive benefits. We also offer extensive development opportunities and programs.Equal Opportunity EmployerTSMC Washington, LLC is an equal opportunity employer committed to employing a diverse workforce and provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, or any other characteristic protected by applicable law. We are committed to treating all employees and applicants for employment with respect and dignity. If you require assistance and/or reasonable accommodation due to a disability during the application or the recruiting process, please feel free to notify our recruiting team at recruitingwa@tsmc.com.