Press

Brussels, 30 September 2019 – Today, Michael Custers joins Payroll & HR services provider SD Worx as Chief Marketing Officer. Among other things, he will be responsible for expanding the company’s product range and communication and marketing activities. Michael Custers will join the Executive Committee and report directly to CEO Kobe Verdonck.

London, 26th September 2019. Flexible working is a well-established practice in the UK. No less than 83% of companies allow their personnel or certain groups of employees, one or more types of flexible working. These were the conclusions offered in a joint study conducted by Protime, a specialist in time registration and personnel planning, and HR service provider SD Worx.

London 10th September 2019 — 70% of Europeans think their commute has a good ecological footprint, despite cars being the kings of the commute. This is according to latest findings from SD Worx, the leading provider in Payroll and HR services, which looks into how people choose to commute to work.

Antwerp, 3 September 2019 – As of today, Kobe Verdonck, currently Board Member of SD Worx Holding NV, strategic advisor and member of the SD Worx Holding Management Team, will succeed Steven Van Hoorebeke as Chief Executive Officer of SD Worx Group NV, the company’s largest business segment.

Antwerp, 27 August 2019 – SD Worx Holding, internationally active in payroll and HR, achieved a turnover of €386.2 million for the first half of this year. That is, on a like-for-like basis, an increase of 4.9% as compared to the first half of last year. The normalised EBITDA for the first six months of 2019 totalled €43.9 million, slightly more than in the same period last year. This does not include the investments in SD Worx's digital transformation project.

London, 22 August 2019 — The lack of in-country knowledge surrounding local legislations is the biggest challenge posing global payroll today. Research conducted by the Global Payroll Association, together with SD Worx, the leading provider in Payroll and HR services, revealed that this lack of local knowledge leads to basic errors in payroll departments.

Brussels, 12 July 2019 – SD Worx, a leading provider of global Payroll and HR services, increases its stake in GlobePayroll from 40% to 50.01%. This company was established at the end of 2015 and the first on the market to offer a global payroll solution operating entirely in the cloud.

London, 26 June 2019 — More than half (53%) of European organisations use mandatory time and attendance registration for their staff and an additional 19% practise this for just some of their staff. These are the results of a survey from SD Worx, leading provider of global payroll and HR services, and Protime, a specialist in time registration and workforce planning.

London, 18 June 2019 — Over half (57%) of European employees have the opportunity to take their main holiday leave at a time that suits them best, with an additional 22% always having the option. However, 9% of employees in Europe are not able to take holiday when they choose.

Antwerp, 3 June 2019 – Today, payroll and HR company SD Worx launched its new brand for its recruitment and flexible employment activities. SD Worx Staffing Solutions will offer secondment, recruitment and selection, project sourcing, outplacement and career guidance services in Belgium and the Netherlands.

SD Worx Holding NV (the “Issuer”), with registered office at Antwerp (Belgium), announces the succesful placement of bonds with a term until 2026 (the “Bonds”). As the subscriptions for the Bond issuance have reached the maximum amount of the offer, namely €80 million, the subscription period was terminated early today at 5:30 p.m. CET. The issuance was very successful and was oversubscribed almost three times.

Antwerp, Belgium, 22 May 2019 - SD Worx Holding NV (the “Issuer”), with registered seat in Antwerp (Belgium), announces the launch, as from Friday 24 May, of the issuance of bonds with a maturity of seven years for an aggregate minimum amount of €50 million and an aggregate maximum amount of €80 million (the “Bonds”).