Thrivent Financial Reviews | Glassdoor

Thrivent Financial Reviews

Updated November 12, 2018
384 reviews

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3.8
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Approve of CEO
Thrivent Financial President & CEO Bradford L. Hewitt
Bradford L. Hewitt
226 Ratings

384 Employee Reviews

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Pros
  • "Very focused on work/life balance" (in 45 reviews)

  • "Thrivent is an especially unique financial firm because it is faith- based" (in 22 reviews)

Cons
  • "High emphasis on life insurance and annuities" (in 9 reviews)

  • "Disconnected from home office HR Resources" (in 14 reviews)

More Pros and Cons

  1. "Associate Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Thrivent Financial full-time (Less than a year)

    Pros

    Great work-life balance and flexibility

    Cons

    nothing too concerning, maybe can add workout equipment


  2. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Appleton, WI
    Current Employee - Anonymous Employee in Appleton, WI
    Recommends

    I have been working at Thrivent Financial full-time (More than 10 years)

    Pros

    Great benefits, rewarding work and mission.

    Cons

    Honestly can't think of anything.

  3. "Going through change"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Thrivent Financial full-time

    Pros

    Benefits are great and fitness center and cafeteria on site are nice perks. Serving the customer comes first. Non profit company and they encourage employees to volunteer as make a diffence in community

    Cons

    Going through leadership changes now and long term strategy is not clear, which can make career opportunities unclear.

    Advice to Management

    Recognize the people who work hard and continue the work/family balance this company was once known for that seems to be sliding in wrong direction


  4. "Work-Life balance to die for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Appleton, WI
    Former Employee - Accountant in Appleton, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Thrivent Financial full-time (More than 3 years)

    Pros

    Company's work life balance is one that not many employers offer anymore, you are able to work from home whenever you need and get 4 weeks of PTO - do not need to put in long hours (obviously depends on the job) and you are also encouraged to volunteer! They give you 20 hours of volunteer time off.

    Cons

    Have better career advancement opportunities.


  5. "AppDev at Thrivent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Applications Engineer in Minneapolis, MN
    Current Employee - Associate Applications Engineer in Minneapolis, MN
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Thrivent Financial full-time (Less than a year)

    Pros

    Great environment, awesome people, company with a purpose

    Cons

    Lots of legacy processes that takes a while to get used to


  6. Helpful (5)

    "Caution. Proceed with Caution."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Associate in Chicago, IL
    Current Employee - Financial Associate in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Thrivent Financial full-time (More than a year)

    Pros

    Non-profit organization that has some volunteer and generosity programs that help people and organizations.

    Cons

    If you are interviewing for the FR/FA role, be very cautious. If you do not have a secondary source of income, or if you have significant financial obligations such as a mortgage and student debt, you will find it very difficult to get through your first few years, if you can at all. Even if you do well by Thrivent's measures, you will likely have to float your own business/supplement your income by taking out debt. Make sure you understand compensation--I mean really understand its complexity. Ask your RFO leadership a lot of questions, and ask them to run calculated compensation simulations before making any commitments to this role. Do not confuse Thrivent's measures of success with your own: when discussing compensation, you will hear a lot about NSCs, GDCs, pace to performance and conference qualification--NONE OF THESE MEASURES INDICATE YOU WILL BE ABLE TO MAKE A LIVING. Set your own revenue goals, find out what it will take to meet them, and literally ignore all other Thrivent performance measures like those mentioned above.

    Advice to Management

    Learn and apply this phrase: "I own this problem/question. I will make sure it gets solved/answered, and will let you know when I do so." It is exceedingly rare for anyone at the RFO or Corporate level to take ownership of a problem and hold any one person accountable for solving it. If growth is your goal, you will need to change this aspect of your culture.


  7. Helpful (1)

    "Financial Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Professional in Saint Louis, MO
    Current Employee - Financial Services Professional in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Thrivent Financial full-time (More than 3 years)

    Pros

    Thrivent is a faith based work environment that provides financial services to Christians across america. I have a undergrad in business and a Masters of Divinity so this is the perfect blending of faith and finances for me. I've been working at Thrivent for 2 1/2 years and have yet to see a negative move organizationally. That's not to say that their aren't negative people in the organization, just like every organization!!!

    Thrivent provides a wonderful work environment with major opportunities for financial security (with no guarantees). If you are looking for a mere job, this probably isn't the position for you - BUT - if you are looking for an entrepreneurial opportunity, then this is your chance!

    Great Benefits
    Good Compensation
    Time Freedom
    Social Impact

    Cons

    Thrivent positions itself as a financial services company for everyone regardless of socio-economic position, but it is difficult to compensate Financial professionals based off of this stance. Compensation models tend to favor higher net worth clients. Truthfully, this is a problem for the industry as a whole and is a hard nut to crack.

    Advice to Management

    As with all coaching and management - manage to individual performance. Not all individuals respond to the same style of coaching.

  8. Helpful (1)

    "Great!"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great leaders and great place to work.

    Cons

    Too nice and too friendly.


  9. "Kind of Loose definition of ethics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Thrivent Financial full-time

    Pros

    Lots of freedom. Genuinely nice people work at every level.

    Cons

    You are judged on the volume of life insurance sales and annuity sales. Period. There is little incentive not encouragement for a financial advisor to learn or grow giving financial advice. But, if you want to push a product, you’ll score. No base. Lower payout rates to other companies.

    Advice to Management

    Revise the comp plan (again). Train new FRs in financial planning. Tone down on the hard selling.


  10. "Look before you leap"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Associate
    Former Employee - Financial Associate
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Thrivent Financial full-time (More than a year)

    Pros

    Christian associates and general Christ-centered atmosphere at large group events.

    Cons

    Most incentives are for permanent insurance and annuities. If you want to make it you must have other income or be willing to push those products to clients.

    Advice to Management

    Rely on leaders that follow Christ rather than those that simply sell anything profitable to themselves.


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