Discuss in a 300 words each:
1.Describe the major components and issues of compensation at a foreign location. Explain the differences found in expatriate and host-country compensation.
2. Describe the major components of an executive compensation plan, and discuss the effect reverse discrimination has had on the design of these executive compensation plans. In what way has legislation affected these plans? Use specific examples to support your answer.
3. Compare and contrast defined contribution plans and defined benefit plans. Describe ESOP and the features of 401(k), IRAs, SEPs, Keogh, SIMPLE, Roth, and Education IRA plans.
4. Compare and contrast cash-balance, defined benefit, and defined contribution plans. Discuss the advantages and disadvantages of each. Explain why organizations are making increased use of them.