Compensation

AT THERMO FISHER SCIENTIFIC

Compensation plays a critical role in how we attract and retain talent. It’s also a key driver of our organizational growth, with pay-for-performance serving as a cornerstone of our compensation programs.

As a leader in a large, global organization, your commitment to making informed compensation decisions will help to ensure an equitable experience for all colleagues.

How we approach compensation.

How we determine base pay.

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Our total rewards package.

Compensation plays an important role in the total rewards package available to colleagues. Here is what’s included.

Base pay

Base pay is the foundation of a colleague’s total compensation package and refers to the amount of money paid to them, either as an hourly rate or annual salary, depending upon their role.

Short-term incentives
Long-term incentives
Recognition awards
Savings plans

Savings plans include a 401(k) retirement plan (U.S. only) and the Employee’s Stock Purchase Plan (ESPP) to support colleagues’ financial health. Different savings plans are available in other countries as well.

Health & welfare

We offer comprehensive benefits and resources including high-quality medical, wellbeing, and insurance programs colleagues can count on.