Pat the salmon fillets completely dry with paper towels, including the skin. Season both sides with salt and pepper and let sit at room temperature for 15 minutes.
Heat 1 tablespoon of olive oil in a heavy skillet over medium-high heat until it shimmers.
Place the fillets skin side down in the pan. Press gently with a spatula for 10 seconds to prevent curling, then sear undisturbed for 4 to 5 minutes until the skin is crisp and the flesh turns opaque two-thirds of the way up.
Flip and cook for 2 to 3 minutes more. Transfer fillets to a plate (they will not be fully cooked yet).
Reduce heat to medium-low. Add the butter and remaining tablespoon of olive oil. Once melted, add the garlic and cook for 30 seconds until fragrant.
Add the 3 thyme sprigs, ginger, smoked paprika, onion powder, soy sauce, lemon juice, sriracha, honey, and water. Stir, scraping up the browned bits from the bottom of the pan, and simmer for 1 to 2 minutes until slightly thickened.
Return the salmon to the pan skin side down and spoon the glaze over the tops for 1 to 2 minutes until internal temperature reaches 130°F to 135°F (54°C to 57°C).
Garnish with parsley and lemon wedges. Rest 2 to 3 minutes before serving. Garnish with parsley and lemon wedges.