Our company specialises in comprehensive remuneration services designed to optimise your organisation’s compensation and benefits strategies. With our expertise in salary administration, benefits management, incentive programs, and payroll processing, we ensure that your employees are fairly compensated and motivated.
Ward Goodman specialises in remuneration services and ensures services are tailored to our clients needs.
Managing and structuring employee salaries based on job roles, experience levels, and industry standards.
Administering employee benefits such as health insurance, retirement plans, paid time off, and other perks.
Ensuring compliance with legal and regulatory requirements related to compensation, benefits, and payroll reporting.
Managing reliefs and allowances crucial for accurately calculating employees' net pay, complying with tax regulations, and optimising the overall compensation package.
Offers expert advisory for designing, implementing, and managing comprehensive rewards programs tailored to employees' needs.
Ward Goodman’s excellence in accounting services is validated by notable awards and accreditations within the UK financial industry.
Ward Goodman was honoured with the prestigious Accounting Excellence Award,
We are accredited by the Association of Chartered Certified Accountants (ACCA)
Ward Goodman proudly holds membership with the Institute of Chartered Accountants
As a distinguished Partner, we utilise cutting-edge technology
Join Ward Goodman and experience the benefits of our pioneering approach in financial planning, wealth management, accounting, and tax advisory.
Ward Goodman has a simple but effective onboarding process making this hassle free for you. At Ward Goodman we can deal with any existing advisers to help with a smooth transition
Reach out through referrals, introducers, or our website.
We offer a no-cost, no-obligation meeting at one of our offices.
Provide necessary details, receive a quote, and initiate services upon acceptance.
If you would like to discuss your accounting requirements further, please book a meeting with an experienced member of our team. Simply let us know when’s best for you and we will get in touch to arrange a suitable time.
At Ward Goodman, we understand the importance of navigating remuneration regulations in the UK effectively. Remuneration regulation encompasses laws and guidelines governing how employees are compensated for their work. This includes adherence to minimum wage requirements, equal pay regulations, bonuses, benefits, overtime, and deductions. Key legislation such as the National Minimum Wage Act and the Equality Act, along with regulations set by HM Revenue and Customs (HMRC) regarding tax and National Insurance contributions, are critical considerations. Compliance with these regulations ensures fair treatment of employees and upholds legal standards, reflecting our commitment to ethical business practices and employee well-being.
You can stay compliant by keeping up to date with regulations, seeking professional advice, maintaining fair pay policies, using accurate payroll systems, meeting reporting requirements, training staff, carrying out regular audits, and making adjustments when laws change.
Penalties can include fines, legal action, repayment of underpaid wages, and reputational damage. HMRC and other regulatory bodies have the power to enforce compliance.
Yes – remuneration covers salary, bonuses, commissions, overtime, benefits, and any other financial or non-financial rewards provided to employees.
Best practice is to review policies at least annually, or sooner if there are changes in employment law, tax rules, or business strategy.
