Compensation Services
- Expert team
- 5-star service
- Compensation services for local and national businesses
Ward Goodman’s Compensation Services
Our company specialises in comprehensive remuneration services designed to optimise your organization’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.
How Our Compensation & Benefits Specialists Can Help
Ward Goodmans specialises in remuneration services and ensures services are tailored to our clients needs.
Salary Administration
Managing and structuring employee salaries based on job roles, experience levels, and industry standards.
Benefits Management
Administering employee benefits such as health insurance, retirement plans, paid time off, and other perks.
Compliance and Reporting
Ensuring compliance with legal and regulatory requirements related to compensation, benefits, and payroll reporting.
Reliefs & Allowances
Managing reliefs and allowances crucial for accurately calculating employees' net pay, complying with tax regulations, and optimising the overall compensation package.
Compensation & Benefits Schemes
Offers expert advisory for designing, implementing, and managing comprehensive rewards programs tailored to employees' needs.
Hear What Our Clients Have To Say
Ward Goodman consistently delivers exceptional service, exceeding the expectations of our valued compensation services clients.
Frequently Asked Quetions
Common questions about Ward Goodman’s remuneration services
What is the remuneration regulation in the UK?
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.
How can I ensure that my company's remuneration practices are compliant with UK tax and employment laws?
To ensure compliance with UK tax and employment laws:
- Stay informed of regulatory changes.
- Seek professional advice.
- Establish clear policies.
- Ensure fair pay practices.
- Implement accurate payroll systems.
- Comply with reporting requirements.
- Provide staff training.
- Conduct regular audits.
- Engage with regulatory bodies.
- Monitor legal developments for adjustments.
The Process
Initial referral or inquiry
Whether you’ve been referred or inquired yourself, our team will reach out to you in a timely manner
Free consultation
We offer a no-cost, no-obligation meeting at one of our offices, or over the phone
Quote and setup
We’ll provide you with a tailored quote and when you’re ready, our remuneration planning team will begin services.
Book a Meeting
If you would like to discuss 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.
Why Choose Ward Goodman
Client satisfaction is paramount to us. We have a broad range of clients, and we endeavour to offer them the best service possible through continuous improvement and focus on doing things right the first time.
Experienced Compensation Experts
Our Dorset-based team can advise and support any size business locally or nationwide.
Bespoke Remuneration Packages
Flexible, bespoke service covering all aspects of compensation and employee benefits schemes.
Access to a Full Team of Finance Experts
From our Pension Advisors to independent Financial Planners.
Our Awards and Accreditations
Ward Goodman’s excellent in accounting and payroll services is validated by notable awards and accreditations within the UK financial industry.
Xero Certified
AAT Qualified
Xero Certified
ICAEW Membership
Partnerships
Experienced Compensation Service Experts
Ward Goodman’s dedication to excellence is embodied through our team of helpful experts:
Davina Seymour
Bookkeeper
Torie Freestone
Trainee Client Services Manager
Anthony Boni
Trainee Client Services Manager
Other Services You May Be Interested In
We offer all of the audit and accountancy services required by both ‘Final Salary’ and ‘Defined Contribution’ pension schemes.
If you are running a business, you will be involved with a wide range of taxation obligations.
We provide a comprehensive and timely payroll service to our clients, covering all aspects of payroll administration and reporting.
