HPQ » Topics » How the Amount of a PfR Bonus Is Determined

This excerpt taken from the HPQ 10-Q filed Jun 8, 2005.

How the Amount of a PfR Bonus Is Determined

        The amount of the PfR bonus is based on performance against three metrics: revenue, net profit, and Total Customer Experience (TCE). Each metric must reach threshold level before that portion of the bonus can fund. If the company exceeds ASPIRE performance, a fourth metric—gross margin improvement—is considered in determining any additional funding.

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