Compensation Specialist

Contributes to the design, testing & implementation of compensation solutions that support and are aligned with the organization’s business strategies and Compensation Philosophy. Provides analytical, operational and research support to compensation initiatives. Supports Compensation team as they work with leaders, HR Business Partners, and employees. Maintains and improves infrastructure necessary to deliver compensation solutions.
Plays a support role in the administration of one or more compensation programs/activities such as: annual incentives, long-term incentives, annual merit process, base pay Market Reference Ranges, market pricing or executive compensation.
Plays a lead role in driving activity and results for Thrivent’s employee recognition platform.
*This position can sit remote in the US

Job Duties and Responsibilities

• Supports efficient and effective delivery of compensation solutions to HR Business Partners, leaders, and employees.
• Creates communication content and strategies. Ensures all content on company intranet and other internal sources are kept current.
• Provides ongoing analytical support and maintenance for “behind the scenes” compensation solutions/activity such as: job code maintenance and requests, MarketPay, Market Reference Ranges, geographic differentials, job evaluations, salary survey submission, and other as needed.
• Provides reports and insights during key cyclical processes such as merit, long-term incentives, and annual incentives, and reports on other compensation initiatives during throughout the year. Gathers and analyzes internal and external data, designs scorecards, and assists with identifying success metrics.
• May have divisional face-off(s) and deliver compensation solutions to employees through HR Partners and/or leaders.

Required Job Qualifications

• Bachelor’s degree – in accounting, finance, business or human resources
• Minimum of 2 years’ experience in Compensation or similar field such as Finance or Accounting preferred
• Demonstrated expertise in collecting, organizing and interpreting data
• Technology experience that can be applied to working with HR technology (e.g., Workday, payroll systems, market pricing software, salary survey applications)
• Ability to effectively handle highly confidential compensation and other human resource information

Other Critical Factors

• Sound knowledge of compensation concepts preferred.

Pay Transparency

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $70,737.00 - $95,704.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.