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HPQ » Topics » Total Rewards Program

This excerpt taken from the HPQ DEF 14A filed Jan 29, 2008.

Total Rewards Program

        Compensation and benefits for all employees at all levels of HP, including for the Named Executive Officers ("NEOs"), are determined in the context of HP's Total Rewards Program. Overall, the Total Rewards Program aims to foster a high performance culture at all levels and to provide an opportunity for employees to earn significant rewards if stockholders have been rewarded through strong financial performance by HP.

        While there is a different emphasis on certain elements of the Total Rewards Program based on an employee's position and ability to impact HP results, Total Rewards at all levels of HP are intended to motivate and encourage employees to drive performance and achieve superior results for stockholders.

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