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MFS Reviews

Updated February 5, 2018
182 reviews

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4.1
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MFS President, CEO, and Chief Investment Officer Rob Manning
Rob Manning
102 Ratings

182 Employee Reviews

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  1. "Great company to work for"

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

    I have been working at MFS full-time

    Pros

    Smart professional co workers, A good working environment.

    Cons

    Difficult to move up the corporate ladder.


  2. "Electronic Desktop Publishing Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    They pay somewhat above the median and their benefits package is quite good.

    Cons

    If you think there is no such thing as a bullying workplace, think again. One woman in my department had to retire when the abuse got so intense hat she was diagnosed with trauma. There was also a second bullying case that was on its way to court.

    Advice to Management

    If you can't solve a workflow problem yourself, listen to a subordinate who can. Don't stand up in the middle of the floor and yell "Nobody cares!" Bad form, very bad form. Also, don't let your CEO brag about learning from and having worked with Michael Milken. Also bad form.

  3. "Admin"

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

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

    Pros

    GREAT benefits and does a lot of philanthropic work!

    Cons

    Too many levels of management.


  4. "Very low turnover"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook

    I have been working at MFS full-time

    Pros

    Friendly, hard-working people. Good benefits. People work here for decades!

    Cons

    Not a very collaborative culture across departments.


  5. "Operations Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MFS full-time

    Pros

    Great culture to work in. Top notch benefits.

    Cons

    Salaries are on the lower than industry average.

    Advice to Management

    Develop better career path


  6. "Great Company - Treats employees well"

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

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

    Pros

    - Awesome people and office environment. Many team activities, professional training, opportunity for personal development
    - Talented investment team with history of success and highest quality clients
    - Generous benefits

    Cons

    - people never leave, so difficult to move up. really need to "put your time in"
    - some people get comfortable and stop challenging themselves


  7. "CSR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Boston, MA
    Former Employee - Customer Service Representative in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    people area cafeteria space desk

    Cons

    too much to share at this time

  8. "Mfs"

    StarStarStarStarStar
    Current Employee - Business Systems Analyst in Boston, MA
    Current Employee - Business Systems Analyst in Boston, MA

    I have been working at MFS full-time (More than 5 years)

    Pros

    Work/life balance is great. Team oriented culture.

    Cons

    Could pay more competitive salaries

    Advice to Management

    Continue delivering clear company dire to all employees


  9. "Experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MFS full-time

    Pros

    Everyone was extremely helpful when trying to network

    Cons

    There was only 7 hour workdays for interns

    Advice to Management

    More networking opportunities with other interns


  10. Helpful (3)

    "Client Connect Program - Mismanaged Project from..."

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

    I worked at MFS full-time

    Pros

    You get paid on time.

    Cons

    If you are getting hired for the Client Connect (CC) program within Global IT (GIT), please think twice. With CC, MFS is trying to replace 20-year old technology and processes to run their distribution side. Talk about technical debt.

    In CC, you are going to lose your sanity and happiness for some unknown faces who may never be happy with the hard work that is being done by folks involved in day-to-day implementation.

    The project is so mismanaged that requirements change often (imagine being in the middle of this chaos for years). Imagine having development resources removed (axed) when you are already behind schedule as a program management "strategy".

    Middle management and program management is having a hard time running this project across multiple vendors, multiple geographies, and multiple competing priorities.

    By the way, this project is mostly run by consultants because this is the "strategy" that the company has chosen to run Global IT (GIT) projects. They do not properly groom skillsets required within the company because only "data" and "domain knowledge" is considered company's strength. This leaves you (employee) at the mercy of consultants about execution. In CC, consultants have created more technical debt (in 2 projects) by not fully understanding the scope of the project.

    As an employee, in middle of a mismanaged project, you will be stuck between a rock and a hard place. So if you have some creative/technical talent please look elsewhere.

    Also, middle management is clock watchers and bean counters. So better stay till 5:00 PM and not leave a bit earlier. MFS claims you will have unlimited sick days but this is not true in my experience. You will be "advised" during performance evaluation that only 7 days are allowed because that is the average.

    Final advice: I did not know about the consultant culture and lack of people management within this project when I joined. So, think twice before taking that offer.

    Advice to Management

    To the new CEO and CTO: There is real lack of people management in CC project. Dearth of motivation. We are not just cost centers. Town halls and employee surveys are not really showing what is going on in CC project.


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