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Based on the total compensation expense factors and total compensation revenue factors andpay-for-performance expense factors and pay-for-performance revenue factors across, What trends did you notice?

Based on the total compensation expense factors and total compensation revenue factors andpay-for-performance expense factors and pay-for-performance revenue factors across, What trends did you notice? What implications do they have?

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2016 2017 2018 Compensation Expenses (Base & Variable Pay): 38.5 41.7 40.6 Pay-for-Performance Expenses: 7.5 10.3 9.9 Benefits Expenses: 18.3 19.9 19.3 Total Operating Expenses: 65.6 72.7 74.0 Total Revenue: 199.1 191.9 178.7 * All values in millions of U.S. dollars ($) Total Compensation Expense Factor 0.87 0.85 0.81 Pay-for-Performance Expense Factor 0.11 0.14 0.13 Total Compensation Revenue Factor: 0.29 0.32 0.34 Pay-for-Performance Revenue Factor: 0.04 0.05 0.06

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