SD Worx offers people solutions since 1945 and serves 5 million+ people every day, side by side with our partners, our clients and all the talent in the SD Worx family. As a result, we have a wealth of information about the global workforce.
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Tax system is the biggest payroll challengeMarch 21 2023
Six out of ten European companies identify the tax system as the biggest challenge in the payroll process. The updated Payroll Proficiency Index of European HR service provider SD Worx shows that several elements can either complicate or simplify the payroll process. The index shows how well European companies are handling their payroll processes based on six elements: legislation, technology, remuneration, in-house payroll expertise, staffing and external partners. Strikingly, only a third of European companies exclusively use cloud technology for their payroll, even though it does simplify the process.
SD Worx continues growth strategy and reports good results for 2022February 27 2023
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).
Almost half of the employees choose a company based on working hours and flexible time arrangementsJanuary 26 2023
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.