Question

1) Compare as well as contrast defined contribution plans and defined benefit plans. Explain ESOP and the features of 401(k), IRAs, SEPs, Keogh, SIMPLE, Roth and Education IRA plans

2) Explain the major components of an executive compensation plan as well as discuss the effect reverse discrimination has had on the design of these executive compensation plans. In what way has legislation pretentious these plans? Use precise instances to support your answer

3) Compare as well as contrast cash-balance, defined benefit and defined contribution plans. Describe the advantages and disadvantages of each. Describe why organizations are making increased use of them

4) Describe the major components and issues of compensation at a foreign location. Describe the differences found in expatriate and host-country compensation

Responses should be at least 300 words in length per question. All sources used including the textbook, should be referenced, paraphrased as well as quoted material must have accompanying citations