Compensation And Benefits Strategy Compensation And Benefits

Leed Corporate Services, Inc: Compensation and Benefits StrategyNameInstitutionDateLeed Corporate Services, IncEmployees at Leed Corporate Services enjoy compensation for their good work in form of basic salary, stock options in the longer term, cash bonuses in the short-term, dental, health and life insurance, non-cash benefits such as private space in the offices and time off. Employees’ wages are slightly above prevailing wages in the market. The workers enjoy paid holidays and paid vacation time. The paper is a discussion of trends that shape total rewards for employees, compensation plans, and benefits given to employees.Current Trends Shaping Total Rewards for Employees in Leed Corporate Services, IncWorkers in Leed Corporate Services, Inc. have extended lifespan in the firm, which dictate total their rewards and benefits. Longer lifespan create much pressure on social and retirement programs. Better employment rewards support the increase in the costs of healthcare within five years (Miller, 2015). Employees share their earnings on social media. The normal and explicit ratings assess performance, while the ‘de facto ratings’ determine payments based on incentives to maintain gross that is fairly honest and transparent than normal explicit ratings. Currently, Leed Corporate Services is employing more contingent and