Executive Compensation Consultant

Thrivent

Job Location:

Minneapolis, MN - USA

Yearly Salary: $ 126490 - 171134

Posted on: 8 days ago

Vacancies: 1 Vacancy

Job Summary

The Executive Compensation Consultant is responsible for compensation consulting administration and analysis of Thrivents 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 Thrivents 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 Thrivents 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 Thrivents Board of Directors and Human Resource committee meetings including annual incentive and long-term incentive plans including insights analysis and recommendations
Work with Thrivents 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:

Bachelors 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:

Masters 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

Thrivents 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 $126490.00 - $171134.00 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. Thrivents plans/policies are subject to change at any time at Thrivents 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 toor calland request Human Resources.

#Remote

Required Experience:

Contract

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 Thrivents 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 Thrivents 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 Thrivents Board of Directors and Human Resource committee meetings including annual incentive and long-term incentive plans including insights analysis and recommendations
Work with Thrivents 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:

Bachelors 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:

Masters 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)