Thrivent Financial - Challenged, but reorganized and restructured to death, and inadequately paid and under-supported | Glassdoor
There are newer employer reviews for Thrivent Financial
There are newer employer reviews for Thrivent Financial

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Helpful (4)

"Challenged, but reorganized and restructured to death, and inadequately paid and under-supported"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - IT Individual Contributor in Minneapolis, MN
Former Employee - IT Individual Contributor in Minneapolis, MN
Recommends
Positive Outlook
Approves of CEO

I worked at Thrivent Financial full-time (More than 10 years)

Pros

An enviable stated mission, great co-workers, beautiful facilities

Cons

Corporate performance reviews are awkward and management heavy with limited employee input/dialog, pay is not merit-based, and salary increases are typically not a part of promotions (unbelievable!) Management under-pays long-term employees and under-reimburses employee education, and partially due to this frugal approach, also under-hires employee potential and skill sets. (A bit of the penny-wise, pound-foolish mindset.)

Advice to Management

Employees (and their commitment) are an integral part of truly serving the mission and members. The organization has the means and wherewithal to provide merit-based pay for performance at all levels and still return 'excess profits' to members. For example, if we divide an excess of $310 million per year by 8,000 employees/sale reps, we have $38,000 per person per year to work with...We only need to use a FRACTION of this to provide above average compensation and true merit-based pay, while still returning the remaining excess to members.

Other Employee Reviews for Thrivent Financial

  1. "Financial Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Associate in Marshall, MI
    Former Employee - Financial Associate in Marshall, MI
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Thrivent Financial full-time (More than 5 years)

    Pros

    Met some very nice people as clients.

    Cons

    Commission only outside contractor. Extensive customer service work required, which you are not compensated for.


  2. Helpful (1)

    "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Appleton, WI
    Current Employee - Manager in Appleton, WI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Thrivent Financial full-time (More than 8 years)

    Pros

    Work-Life balance and good solid conservative company

    Cons

    Limited career growth, further limited by the "old-boys network"

    Advice to Management

    Pay for performance

There are newer employer reviews for Thrivent Financial
There are newer employer reviews for Thrivent Financial

See Most Recent

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