Compensation Analyst II

ModivCare Solutions, LLC; Denver (CO); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

Bonus eligible

401(k) with company match

Paid time off

Comprehensive health benefits

Job summary

ModivCare Solutions, LLC is seeking a Compensation Analyst II in Denver, CO, to administer and analyze compensation programs and systems, including merit, STIP, and market pricing. You will prepare reports, maintain data accuracy, support surveys, and assist with annual payout processes.

The role requires 3+ years in compensation, strong Excel skills, and experience with Workday HCM. CCP/GRP is a plus; authentic data handling and cross-functional collaboration are essential.

Qualifications

• Bachelor's degree preferred; equivalent education and experience considered.
• Three+ years of compensation experience required.
• Experience with Workday HCM and Compensation preferred.
• Experience with PayFactors/PayScale or similar market-pricing software preferred.
• Experience administering salary surveys and supporting merit/incentive planning.
• CCP/GRP coursework or certification a plus, not required.
• Advanced Excel skills and ability to reconcile large datasets.

Responsibilities

• Administer recurring compensation operations in Workday and HR systems.
• Coordinate annual compensation surveys and validate data for vendors.
• Prepare recurring and ad hoc compensation reports and data extracts.
• Support merit, promotion, and STIP planning cycles and payout validation.
• Perform compensation data audits across systems and correct discrepancies.
• Conduct wage and salary market pricing and job benchmarking.
• Facilitate incentive payouts, one-time payments, and leave-related adjustments.
• Maintain job profiles, ranges, survey data, and PayFactors information.

Skills

Analytical thinking

Attention to detail

Communication skills

Problem solving

Education

Bachelor's degree in Human Resources, Business, Finance, Accounting, Mathematics

Tools

Workday HCM

PayFactors/PayScale

ADP

Excel

Job description

Are you passionate about making a difference in people's lives? Do you enjoy working in a service-oriented industry? If so, this opportunity may be the right fit for you!The Compensation Analyst II supports the day-to-day administration, analysis, and maintenance of the organization's compensation programs, systems, and processes. This position provides compensation reporting, salary survey administration, market pricing, compensation data audits, and support for compensation transactions. The role also assists with annual merit, promotion, and short-term incentive plan (STIP) cycles, helping ensure accurate employee compensation data across HR systems. Working with Compensation leadership, HR Business Partners, Finance, Payroll, HRIS, and Talent Acquisition, the analyst supports timely, consistent administration of compensation programs in accordance with company policies and applicable requirements.You will...Administer recurring compensation operations, including reviewing approved pay changes, offer compensation, bonuses, allowances, and other compensation transactions in Workday and applicable HR systems, within established approval authority.Coordinate annual compensation survey submissions, including collecting and validating employee compensation data, preparing submission files, tracking deadlines, and maintaining survey records for survey vendors.Prepare recurring and ad hoc compensation reports, employee data extracts, and analyses for Finance, business lines, HR Business Partners, Talent Acquisition, and other internal stakeholders.Support annual merit, promotion, and STIP (bonus) planning cycles by preparing and reconciling employee data, validating eligibility, maintaining planning files, auditing recommendations, tracking exceptions, and assisting with final payout validation.Perform recurring compensation data audits across Workday, ADP, and related systems; identify and coordinate correction of discrepancies in pay grades, job profiles, compensation plans, incentive eligibility, and compensation records.Conduct monthly minimum wage audits for applicable employee populations; track federal, state, and local wage changes and coordinate required updates with HR, Payroll, and HRIS.Maintain job profiles, salary ranges, market matches, survey information, and compensation data within PayFactors and other systems; support data refresh, data quality, and integration activities.Conduct market pricing and job benchmarking; analyze internal and external salary data and support job evaluation, job architecture maintenance, and salary range recommendations.Facilitate employee referral bonus payouts and cell phone allowance administration, compensation-related one-time payments, and merit releases following leaves of absence, as applicable and in partnership with Payroll and HRIS.Prepare and maintain compensation procedures, process documentation, reporting schedules, and audit evidence to support consistent and controlled operations.Provide data and analytical support for compensation program assessments, incentive plan administration, compensation policy implementation, and leadership materials as requested.Respond to compensation inquiries and work collaboratively with business stakeholders, escalating policy exceptions, complex decisions, and program design matters to the Director - Compensation.Identify opportunities to streamline routine reporting, data validation, and compensation administration processes; perform other related duties as assigned.We are excited to speak to someone with...Bachelor's degree in Human Resources, Business, Finance, Accounting, Mathematics, or a related field preferred; equivalent education and experience considered.Three or more years of relevant compensation experience required, including compensation analysis or administration.Experience with Workday HCM and Compensation preferred; Workday Advanced Compensation experience beneficial.Experience with PayFactors/PayScale or similar market-pricing software preferred; familiarity with ADP or multiple HR systems beneficial.Experience administering salary surveys and supporting annual merit or incentive planning cycles preferred.Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) coursework or certification a plus, not required.Advanced Microsoft Excel skills, including pivot tables, lookup functions, complex formulas, data validation, and reconciliation of large datasets.Strong analytical, organizational, and problem-solving skills with exceptional attention to detail and accuracy.Ability to manage recurring deadlines, multiple stakeholder requests, and confidential employee compensation information.Ability to identify data inconsistencies and work effectively with HRIS, Payroll, Finance, and HR partners to resolve issues.Clear written and verbal communication skills and a strong service orientation.Working knowledge of compensation administration, market benchmarking, salary survey processes, and applicable wage and hour requirements.Ability to follow established controls and procedures, work independently, and escalate complex issues appropriately.Salary: $90,000-$105,000This role is bonus eligible based on individual and company performance.The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the job.Primarily seated work; extensive computer and telephone use; occasional standing, walking, reaching, bending, and lifting up to 10 lbs.Modivcare’s positions are posted and open for applications for a minimum of 5 days. Positions may be posted for a maximum of 45 days dependent on the type of role, the number of roles, and the number of applications received. We encourage our prospective candidates to submit their application(s) expediently so as not to miss out on our opportunities. We frequently post new opportunities and encourage prospective candidates to check back often for new postings.We value our team members and realize the importance of benefits for you and your family.Modivcare offers a comprehensive benefits package to include the following:Medical, Dental, and Vision insuranceEmployer Paid Basic Life Insurance and AD&DVoluntary Life Insurance (Employee/Spouse/Child)Health Care and Dependent Care Flexible Spending AccountsPre-Tax and Post -Tax Commuter and Parking Benefits401(k) Retirement Savings Plan with Company MatchPaid Time OffPaid Parental LeaveShort-Term and Long-Term DisabilityTuition ReimbursementEmployee Discounts (retail, hotel, food, restaurants, car rental and much more!)Modivcare is an Equal Opportunity Employer.EEO is The Law - click here for more informationEqual Opportunity Employer Minorities/Women/Protected Veterans/DisabledWe consider all applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, handicap or disability, or status as a Vietnam-era or special disabled veteran in accordance with federal law. If you need assistance, please reach out to us at [e-mail]