The Executive Compensation Consultant is responsible for compensation consulting, administration, and analysis of Thrivent’s compensation programs for executive-level roles.
This role is also responsible for the preparation and review of materials for the board of directors supporting executive compensation and incentive plan designs and results.
In addition, this role has the responsibility for creating customized incentive plans, determining appropriate pay levels and components, resolving complex compensation issues, and preparing both management and board level reports.
May also provide day-to-day compensation support to a division or department.
DUTIES & RESPONSIBILITIES:
Partner with Total Rewards leaders to design and develop a market-based total rewards package for executives to attract, motivate, reward, & retain.
Administration of Thrivent’s executive compensation programs to ensure all transactions are processed accurately and in timely.
Lead the design and modification of short-term and long-term compensation programs and the associated guidelines, processes, policies and procedures.
Develop internal communications and materials to educate applicable audiences (both employees and HR Business Partners) on executive compensation programs and Thrivent’s incentive plans
Partner with HRBPs and Talent Acquisition on proposals for executive new hire offers, promotions, adjustments, and other ad-hoc analysis.
Prepare materials for Thrivent’s Board of Directors and Human Resource committee meetings including annual incentive and long-term incentive plans including insights, analysis, and recommendations
Work with Thrivent’s executive compensation board advisors and ensure all materials related to executive compensation are prepared in time for the appropriate committee meetings
Prepare monthly and annual reporting on annual and long-term incentive plans for finance to ensure accurate forecasting and planning
Prepare, update, and create plan documents and other communication materials for annual and long-term incentive plans to ensure Thrivent is in compliance with relevant governance and regulatory requirements
Leverage market data in the consultation and analysis of compensation issues including: analysis of internal and external compensation data, market pricing and evaluating jobs, developing recommendations for new and existing positions across the organization and participating in salary surveys
Lead cross-functional teams to refine or implement compensation solutions
May work with HR business partners and Thrivent leaders to proactively understand the talent and reward needs of a division and design/implement solutions to address those needs.
QUALIFICATIONS & SKILLS:
Required:
Bachelor’s degree
7+ years compensation experience
Ability to effectively handle highly confidential compensation and other human resources information
Experience leading large, complex projects
Expertise in design/development of compensation solutions/processes
Preferred:
Master’s degree
Certified Compensation Professional (CCP) certification
Accounting or finance background
Experience working with HRIS systems (e.g. Workday) and market pricing software (e.g. MarketPay)
Pay Transparency
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.
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