Principal Compensation Analyst

Job Description

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.

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.
• Able to use a computer, keyboard, mouse, and other standard office equipment for prolonged periods of time.
• Able 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.

Benefits

• 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.

About the Role

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.

Skills

• Compensation Design
• Market Analysis
• Program Governance
• Compliance
• Excel Proficiency
• Statistical Analysis
• Collaboration

Benefits

• Medical
• Dental
• Vision
• Income-Protection
• 401(k)
• Paid Time-Off

Schedule

Primarily an office-based role requiring the ability to sit for extended periods of time while working at a computer. Able to use a computer, keyboard, mouse, and other standard office equipment for prolonged periods of time. Able 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.

Pay

Competitive salary commensurate with experience.