SD Worx press room

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”).

London, 16th May 2019 – More than half of organisations do not have the ability to report across all of their payroll operations globally. Research conducted by the Global Payroll Association, in association with SD Worx, the leading provider in Payroll and HR services, shows that even with increasing compliance considerations such as Gender Pay Gap reporting, many multi-country businesses still do not have sufficient visibility over the payroll function. The study investigated the challenges that senior payroll professionals from global businesses are facing and how they are using technology to find solutions.

Brussels, 3 April 2019 – 2018 was a year of growth for SD Worx Holding posting a strong turnover of EUR 594.4 million, a raise of 33% compared with 2017 when the turnover was EUR 446.3 million. EBITDA climbed from EUR 51.9 million in 2017 to EUR 65.7 million in 2018.

Brussels, 28th March 2019 - Over half (57%) of European employees are completing basic HR admin tasks on their own device rather than a work device. These are the results of a survey from leading provider of global payroll and HR services, SD Worx, which looks into the extent of the digitisation of the workplace.

Brussels, 25 March 2019: Decision makers outside of payroll are not confident in the payroll department’s ability to adapt to the changing needs and demands of the workforce. More worryingly, a significant number of payroll teams aren’t even meeting basic requirements such as making payments on time. Thirty-three percent of senior decision makers in HR and Finance don’t think that payroll is in a position to keep up with the changes driven by digital transformation and socioeconomic change.

Brussels, 27 February 2019: Despite living in a mobile-first world, employees across Europe say they can’t do enough basic HR admin tasks on mobile devices and many still do them offline. On average, only 10% of HR admin tasks are possible on mobile devices only and 58% is still completed offline. These are the results of a new survey from leading provider of global payroll and HR services, SD Worx, which looks into the extent of the digitisation of the workplace.