This past year, we took a number of actions to increase financial flexibility and help better position HP to compete and win in the marketplace. Although some of those actions were difficult, they worked in 2009 and will continue to help us in 2010. HP has stayed competitive in extremely difficult times and we need to maintain our financial flexibility in the current environment by keeping base pay flat in this year’s Focal Point Review (FPR) cycle, meaning no base pay increases, except where legally required.
HP post great profits but it's employees are not worthy! Great Company