Please answer each question below. Please add a reference for each one. Please start each answer with the question. Example : place question one then the answer and reference below it.

1. What key laws must HR be aware of when we design an executive compensation plan and how does that potentially differ between publicly traded companies and privately held?

2. One of the ways that we can look at labor costs from a macro view point is determining the cost per employee. What is this formula for calculating cost per employee and how might that provide HR insight on where labor costs can be trimmed at?

3. When you think about executive pay, what components of executive pay do you feel are most aligned with shareholder goals? Stakeholder goals? How do components support the goals of each group?

4. During the annual budget process for compensation, what are the most important items to consider during the budget process?