Wall Street Beat: Paul Taubman Sees a Lesson in the Talent War

Even amid a surge in pay for bankers, compensation alone may not be what attracts rainmakers.

“You need to make sure that people are being appropriately compensated, but that has to be table stakes,” Paul Taubman, the chief executive officer of investment bank PJT Partners, said this week in an interview. “That’s not just what people want. They want to be well looked-after.”