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Principal Compensation Analyst

Job in Phoenix, Maricopa County, Arizona, 85003, USA
Listing for: TSMC - Taiwan Semiconductor Manufacturing Company Limited
Full Time position
Listed on 2026-08-21
Job specializations:
  • Business
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 120000 - 180000 USD Yearly USD 120000.00 180000.00 YEAR
Job Description & How to Apply Below

Principal Compensation Analyst

A career at TSMC Arizona offers an unparalleled opportunity to contribute to the most advanced semiconductor fabrication facility in the United States. TSMC Arizona's first fab began production with leading-edge N4 process technology in the first half of 2025. The second and third fabs, utilizing even more advanced process technology, will start production by . America's leading technology companies will rely on TSMC Arizona for the next generations of chips that will power the digital future.

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.

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 (People Soft 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…

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