Press

SD Worx, the leading European HR solutions provider, achieved a consolidated revenue of EUR 962.1 million in 2022, which is an increase of +12.1% compared to 2021 (EUR 858.1 million). The normalised EBITDA grew to EUR 136.7 million, or 18.3% more compared to 2021 (EUR 115.6 million). The net profit climbed to EUR 81 million, an increase of 73.1% compared to 2021 (EUR 46.8 million).

Companies can use data analysis to deploy their staff smartly, efficiently and productively, while taking planning, available capacity and skills, and occupational goals into account.

How will organisations deal with turbulent times in 2023? SD Worx, the leading European HR solutions provider, outlines the most important evolutions and trends for the new year. Flexibility, digital acceleration, investments in smart HR Tech, the financial well-being of employees, and their talent management are central. Everything starts with a crucial mindset shift: turning change into opportunity.

According to a study by SD Worx, the leading European HR and payroll provider, more than half of European companies have increased their focus on the digitalisation of all HR processes. The non-profit sector, in particular healthcare, is gaining ground in this area, coming in at 57%. Among younger employees under the age of 35, 54% feel that digitalisation on the workfloor needs improvement. Although digitalisation and hybrid working are on the rise, the human aspect remains important within certain HR domains such as onboarding, recruitment or departure interviews. SD Worx ran a survey across 4,371 employers and 10,119 employees.

The leading European HR solutions provider SD Worx has acquired Integrho, a supplier of payroll software for the local Spanish market, headquartered in Barcelona. With this acquisition, SD Worx further strengthens its business in Spain, where it sees a lot of growth potential. 

SD Worx, the leading European HR solutions Provider, has acquired Intelligo – an Ireland-based supplier of HR and Payroll Software and Outsourcing Services – to further expand its presence in the Irish market and to strengthen its portfolio of own payroll and HR software. 

A survey by SD Worx, Europe's leading HR and payroll service provider, shows that six out of ten companies today use HR and people analytics to gain insights into areas such as staff shortages, absenteeism or employee turnover. Companies from Austria (66%), Sweden (66%) and Germany (65%) currently lead the way in this regard.  More and more companies are making the use of HR and people analytics a higher priority. 21% of those surveyed indicated they would like to start using these tools in the coming year, a 15% increase on last year.

72% of European employees believe remote working offers a better work-life balance. At present, 27% of European employees do so on a regular basis. That's equal to 3.1 days a week on average. 16% of employees worked remotely prior to the COVID-19 pandemic, which at the time meant an average of 2.6 days a week remote working. These are the results of a European survey of 4,371 companies carried out by the leading European HR and payroll service provider SD Worx.

HR and payroll services provider SD Worx has appointed Bruce Fecheyr-Lippens as Chief People Officer. Bruce is a member of the Executive Committee and reports to CEO Kobe Verdonck.

SD Worx, the leading European provider of payroll and HR services, recorded a consolidated turnover of 475.3 million euro in the first half of 2022. That is an increase of 18% compared to the first half of last year. Normalized EBITDA came in at 70.2 million euro, which is 9.2% more compared to the first half of 2021. During the second half of 2021, SD Worx invested significantly in attracting additional employees to support the company's rapid growth.

42% of European employers struggle to attract employees. The war for talent remains the biggest challenge on the labor market, but how does that translate into concrete figures and points of attention for employers? Through a European survey of 4371 companies, SD Worx, the leading European HR & payroll services provider, sheds light on how current employers are arming themselves in the battle to attract new employees. More than half of European companies indicate that they have never had such a hard time positioning themselves as an attractive employer.

The leading European Payroll and HR provider SD Worx has acquired HRPRO, an HR tech company located in Zagreb, Croatia. With this acquisition, SD Worx expands its local presence to 18 European countries and enters Southeastern Europe, where it sees a lot of growth potential.