Complete Compensation Review Services
How effective is your compensation package? Does it address annual incentives, long-term incentives, benefits and perquisites in a comprehensive way? How does it compare with peer banks in your region and nationally?
Amalfi Consulting offers complete compensation review services - allowing you to accurately gauge your compensation package with respect to competitors' plans.
FREQUENTLY ASKED QUESTIONS
WHAT IS THE ORIGIN AND BACKGROUND OF AMALFI CONSULTING?
Over the past ten years, Amalfi Consulting, through its consultants, has been providing compensation consulting expertise to its clients. Through most of that time, the consulting services were provided under the name of the Compensation Group of Clark Consulting. On January 22, 2008 Amalfi Consulting, LLC was formed and acquired the intellectual capital and assets of the Compensation Group of Clark Consulting. All of the employees, products and services continue today under the name of Amalfi Consulting.
WHAT DOES IT MEAN THAT AMALFI CONSULTING IS INDEPENDENT?
It simply means that Amalfi Consulting only provides consulting services to its clients. The three owners are themselves lead consultants for Amalfi Consulting working each day with its clients. Unlike most consulting firms, we are not owned by another entity. What it also means is that our clients can be comfortable in knowing that no products are sold through Amalfi Consulting. The associates at Amalfi Consulting do not receive any compensation, either directly or indirectly, with respect to any product sales; we are pure a fee-for-service business.
WHAT IS THE ORIGIN OF THE NAME "AMALFI CONSULTING?"
A key attribute for Amalfi Consulting, and our logo, is the maritime compass. The symbolism of the compass fits with our mission of helping clients navigate through their compensation issues. The individual who invented the maritime compass, Flavio Gioia, was from the town of Amalfi located on the Amalfi Coast of Italy. The Amalfi Coast lies approximately 24 miles southeast of Naples, Italy and is the home of the towns of Amalfi, Positano and Salerno, and off its coast lies the island of Capri.
WHERE IS AMALFI CONSULTING LOCATED?
We have four national offices located in the following cities:
- Minneapolis, MN (our headquarters)
- Atlanta, GA
- Boston, MA
- Dallas, TX
For more detailed contact information, click here.
HOW MANY FINANACIAL INSTITUTIONS DOES AMALFI WORK WITH, AND WHAT GEOGRAPHICAL REGIONS DOES AMALFI CONSULTING SERVE?
Amalfi Consulting has served over 400 financial institutions over the past two years. We work in all 50 states including Hawaii and Alaska. Also, we work with institutions that are covered under United States banking regulations such as Puerto Rico.
WHAT SIZE INSTITUTIONS DO WE WORK WITH?
Over the past ten years we have developed in-depth experience in addressing the compensation needs of start up organizations, such as de novo institutions, to well established regional banks that are traded on national stock exchanges such as the NYSE, NASDAQ or AMEX.
WHAT SERVICES DOES AMALFI PROVIDE?
Amalfi Consulting provides the following services:
HOW DO I GET IN TOUCH WITH MY AMALFI COMPENSATION CONSULTANT?
Click here for contact information>
HOW LONG DOES A TYPICAL CONSULTING PROJECT TAKE?
Timeframes vary according to the scope and complexity of the project. However, we have a uniquely leveraged process that enables us to provide a faster turn-around time than the industry standard. In the majority of cases, our projects are completed within six to eight weeks of acceptance of our contract and receipt of data. We can also work with you to accommodate any special timeline requests.
WHAT IS THE BENEFIT OF USING A THIRD PARTY FIRM TO HELP WITH YOUR COMPENSATION WORK?
Using an independent third party for compensation consulting advice and guidance gives directors the reassurance of knowing they have acted independently and steered clear of legal and regulatory problems without having to become compensation experts themselves. It ensures that executives can feel confident that their compensation is based on a defensible process and market competitive data. It also allows the Compensation Committee to focus on important strategic matters, such as developing a compensation philosophy and a committee charter.
WHY USE AMALFI INSTEAD OF ANOTHER CONSULTING FIRM?
Amalfi Consulting has a long history of industry experience and expertise with the unique issues that effect financial services organizations. We have developed a unique team structure that ensures that our services are delivered as affordably and promptly as possible while maintaining the highest quality. This structure supports the professional development and growth of our staff at all levels, ensuring our ability to hire and retain the best and the brightest individuals for every role.