Principal Compensation Analyst

Principal Compensation Analyst:

A job at TSMC Arizona offers an opportunity to work at the most advanced semiconductor fab in the United States. TSMC Arizona’s first fab will operate it’s leading-edge semiconductor process technology (N4 process), starting production in the first half of 2025. The second fab will utilize its leading edge N3 and N2 process technology and be operational in 2028. The recently announced third fab will manufacture chips using 2nm or even more advanced process technology, with production starting by the end of the decade. America’s leading technology companies are ready to rely on TSMC Arizona for the next generations of chips that will power the digital future.

The Principal Compensation Analyst partners with the HR team and business to advise on compensation programs and guidelines. Responsibilities include performing a lead role in salary planning and bonus administration, automation initiatives, Rewards & Recognition administration, job evaluations, offer support, and enhancement of organization capability through education and training. The Principal Compensation Analyst may also participate or oversee market surveys as needed in support of the department, act as the day-to-day contact on compensation matters for the site, and liaise with other key stakeholders including IT, Finance, Payroll, and Headquarters.

Responsibilities:

1. Lead the development, auditing, and maintenance of complex Excel reports to support team and client-based projects, including the setup of annual merit and bonus cycles and pay-equity analysis.
2. Collaborate with the Compensation Manager, Overseas Compensation, and HR/IT Technology teams to identify process and tool efficiencies that streamline end-to-end global compensation processes. Identify business requirements for global compensation and bonus tools to ensure site-specific needs are met.
3. Engages with HR business partners to diagnose complex compensation issues and guide business leaders and managers on application of our compensation programs, policies, and guidelines in support of organization goals.
4. Own or oversee the administration of annual merit and bonus cycles as assigned and support the preparation of final program metrics for executive leadership and Overseas Compensation.
5. Provide guidance and technical expertise to HR partners and leaders on compensation programs, including analyzing and communicating pay administration programs and overseeing localization offer process.
6. Ensure company compliance with relevant laws and regulations pertaining to compensation and support company audits.
7. Maintain and contribute to department SOPs, internal controls, and required documents.
8. Lead or participate in the development and delivery of compensation training for human resources and business leaders.
9. Serve as a key team member on various compensation projects, performing additional duties of a similar nature and level as required.
10. Mentors and guides junior team members, providing technical expertise and support for their development.

Minimum Qualifications/Requirements:

Education:

• Bachelor’s degree in Human Resources, Business Administration, Finance, Mathematics, or a related field.

Technical Skills:

• Minimum 7 years of prior compensation analyst experience preferably in semiconductor, hi-tech, aerospace, or manufacturing/engineering environment.
• Advanced understanding of compensation best practices and regulatory environments. Understand and apply compensation-related legislation, rules, and regulations for North America.
• Advanced proficiency in Microsoft Office Suite, particularly Excel, including experience building data models, using v-lookups, pivot tables, formulas, and willingness to learn macros.
• Familiarity with HRIS systems, with PeopleSoft experience preferred.
• Strong math skills and an understanding of statistics.

Interpersonal Skills:

• Excellent verbal and written communication skills.
• Demonstrated critical thinking, problem-solving, and collaboration abilities.
• Attention to detail and accuracy.
• Strong teamwork and listening skills.

Physical Requirements:

• No unique physical requirements beyond standard office tasks.

Preferred Qualifications:

• Certified Compensation Professional (CCP) certification preferred.

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.

Candidates must be willing and able to work on-site at our Phoenix Arizona facility.

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.

Work Location: 5088 W. Innovation Circle, Phoenix, AZ 85083

TSMC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.

We encourage all qualified individuals to apply and welcome applications from diverse backgrounds and experiences. Candidates must be able to perform the essential functions of the job with or without reasonable accommodation. If you need an accommodation as part of the application process, please contact P_LOA@tsmc.com.

TSMC Arizona maintains the right to change or assign other duties to this position

All offers of employment are contingent upon the successful completion of TSMC Arizona’s pre-employment screening process. This process may include verifying the candidate’s identity, confirming legal authorization to work in the offered position's location, educational background and a comprehensive background check, where permitted by local regulations.

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