Hybrid Senior Compensation Consultant

MFS Investment Management; Boston (MA); Hybrid; USD 88,000 - 126,000; Full time

Benefits offered by this job

Retirement plan

Tuition reimbursement

Education assistance

Leaves (maternity/parenteral)

Job summary

MFS Investment Management in Boston is seeking a compensation professional to provide expertise and analysis across compensation programs. You will serve as the primary point of contact for requests, including job leveling, market pricing, offers, and related inquiries.

You will collaborate with Compensation leadership and Senior Consultants to deliver analyses, recommendations, and operational support that enable sound compensation decisions and program delivery.

Qualifications

• Bachelor’s degree required.
• 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.

Responsibilities

• 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.

Skills

Job leveling

Market pricing

Offers

Compensation analysis

Excel

Communication

Multiple priorities

Confidentiality

Education

Bachelor's degree

Tools

Workday

MarketPay

Job description

MFS Investment Management in Boston is seeking a compensation professional to provide expertise and analysis across compensation programs. You will serve as the primary point of contact for requests, including job leveling, market pricing, offers, and related inquiries.

You will collaborate with Compensation leadership and Senior Consultants to deliver analyses, recommendations, and operational support that enable sound compensation decisions and program delivery.