Compensation Consultant, HR​/Recruitment

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

Using discretion and judgment, provides compensation expertise, analysis, and consultation to support compensation programs and business needs across MFS. Serves as the primary point of contact for a broad range of compensation requests, including job leveling, market pricing, offers, and compensation-related inquiries. Partners closely with Compensation leadership and Senior Consultants to provide analysis, recommendations, and operational support that enable effective compensation decisions and program delivery.

• Serves as the primary intake point for compensation requests, ensuring timely response, analysis, and resolution.
• Provides consultation and recommendations on compensation matters, including job matching, job leveling, market pricing, hiring offers, buyouts, guarantees, cash flow advances, and related compensation programs.
• Conducts compensation analyses utilizing internal data, market benchmarks, and established compensation methodologies to support decision‑making.
• Prepares analyses, recommendations, and supporting materials for review by Compensation leadership and Senior Consultants.
• Partners with Talent Acquisition, HR Business Partners, managers, and employees to address compensation‑related questions and requests.
• Administers and supports compensation programs, policies, processes, and governance activities, ensuring consistency and adherence to established guidelines.
• Supports annual compensation planning through reporting, analysis, modeling, testing, and process coordination.
• Maintains market data, benchmarking information, compensation structures, and related compensation tools and systems.
• Owns compensation knowledge management processes, including development and maintenance of documentation, FAQs, guidance materials, decision frameworks, and operating procedures to support consistency, scalability, and continuity across compensation activities.
• Maintains knowledge of compensation programs, policies, practices, and historical decisions to ensure consistent application of compensation guidelines.
• Identifies opportunities to improve compensation processes, reporting, workflows, and documentation to enhance operational effectiveness.
• Manages compensation projects and work assignments, coordinating activities, stakeholders, and timelines to ensure successful execution.
• Maintains knowledge of compensation regulations, market practices, and industry trends to support sound compensation recommendations.

• Bachelor’s degree in a related area.
• 5-6 years of experience in compensation, financial analysis or closely related analytical discipline.
• Strong understanding of compensation principles, including market pricing, job evaluation, compensation structures, and compensation administration.
• Strong analytical skills with the ability to interpret data and develop practical recommendations.
• Ability to manage multiple priorities and work independently with limited supervision.
• Strong written and verbal communication skills.
• Advanced proficiency with Excel and compensation‑related analysis.
• Strong attention to detail, organization, and problem‑solving skills.
• Ability to handle confidential information with discretion and professionalism.

• Knowledge of…