I am a member of the Firmwide Compensation department in the Human Capital Management (HCM) division in New York. My responsibilities include supporting various divisions and functional areas by advising on policies, best practices, structures and benchmarking as related to compensation. I also manage the year-end compensation process for Participating Managing Directors (PMDs) and others, such as Advisory Directors. Since our employees and our industry have much vested interest in this regard, it’s extremely interesting for me to be part of the planning and delivering compensation to the entire firm.
HCM leadership makes it a priority to ensure that there are plenty of opportunities for internal mobility and professional growth. I’ve been able to spend time in regional offices on short-term assignments several times, and I’m already discussing with my manager potential opportunities for next year.
I can’t do what I do successfully without team work. Of course, there are projects and deliverables that require me to be an individual contributor. However, since compensation can drive so many decisions, it is critical that we collaborate across divisions, with our controllers and legal teams, for example, to ensure that compensation is handled appropriately by every channel.