TextInputLayout - Hint padding issue

You can add -ve padding to TextInputEditText, it should solve the extra padding issue that you have. For example I have used -10dp you can check what fits your case.

  <com.google.android.material.textfield.TextInputLayout       
  style="@style/Widget.MaterialComponents.TextInputLayout.OutlinedBox"
        android:id="@+id/outlined_member_name_text_field"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:layout_marginStart="16dp"
        android:layout_marginTop="8dp"
        android:layout_marginEnd="16dp"
        android:hint="@string/name"
        app:startIconDrawable="@drawable/ic_baseline_person_24"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toBottomOf="@id/select_contact_button">

        <com.google.android.material.textfield.TextInputEditText
            android:id="@+id/member_name_text"
            android:layout_width="match_parent"
            android:layout_height="wrap_content"
            android:drawablePadding="-10dp"
            android:inputType="textCapSentences|text" />

    </com.google.android.material.textfield.TextInputLayout>