Total Rewards Specialist

Job Description

Job Description

When you’re part of our team at Thermo Fisher Scientific, you’ll do important work, like helping customers to find cures for cancer, protecting the environment or making sure our food is safe! Your work will have real-world impact, and you’ll be supported in achieving your career goals.

At Thermo Fisher Scientific, our Total Reward team is committed to providing outstanding compensation and benefit solutions that enable growth and advance our market leader position.

We are seeking a tenacious, highly motivated, and target-driven Reward professional to support our Regional Reward team drive Compensation and Benefits strategy across LatAm. As a Sr Compensation Analyst, you play a vital role in enabling the business to develop a modern, compelling Reward offering for our colleagues.

What will you do?

• Manage and deliver company benefits within portfolio countries. This will include Life Insurance, Accident and Disability plans, Critical Illness plans, Medical plans and Well being benefits.
• Drive benefit design, development and implementation. This includes delivering efficient stakeholder engagement, colleague communication.
• Support the alignment and harmonization of benefits and compensation programs in the relevant countries. Ensure our colleague proposition is aligned to the Company vision.
• Manage existing benefit providers and brokers in support of benefit renewals/market reviews, and supporting claims received within allocated countries.
• Support and/or lead projects providing/contributing Reward expertise as required. This includes Mergers and Acquisition activity and the integration of newly acquired companies.
• Actively review each market to identify new opportunities to improve existing benefit programs, ensure benefits remain competitive, aligned to legislation, and aligned with company strategy.
• Assist in planning annual pay and bonus rounds in Workday.  This includes market movement analysis, budgeting relative with local collective/statutory increases, validation and testing of tools and systems, process execution and data integrity checks.
• Partner with HR and Business on compensation issues, offering creative solutions on matters including offer-making process, job evaluation, and internal equity adjustments.

Education

Bachelor's degree or equivalent experience within a related field.

Experience

Candidates will ideally have a background in managing benefits in the region for 5-7 years.

Demonstrable experience of either leading, or supporting the development and delivery of country level programs is critical.

Broad understanding of the legal framework underlaying HR Practices.

Desirable to have managed or implemented Pension Plans in any country in the region.

Knowledge, Skills, Abilities

• Robust Project Management capability. You are capable of crafting plans, identifying and handling interdependencies, and delivering quality outcomes against agreed targets.
• Strong financial competence. You can link Reward prioritises to key business drivers, ensuring spend is targeted towards initiatives with the highest return on investment.
• Excellent MS excel skills. You are confident to perform detailed analysis, applying both your knowledge of reward with tailored needs of the various business groups we support
• Strong interpersonal skills including communication. You can build relationships and influence across all levels of the organization, able the communicate complicated concepts in a way our audiences can understand.
• Focused on delivery. You are comfortable multi tasking within a dynamic and fast-paced environment.
• Independent. You are comfortable operating as a "self starter" with minimal direction, and can develop relationships and business knowledge remotely.

At Thermo Fisher Scientific, each one of our 75,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer.