SD Worx press room

Leading European payroll and HR services provider SD Worx has extended its contract as main sponsor of the best women's team in the UCI rankings until the end of 2026. "We want to pull out all the stops to maintain the leading position of Team SD Worx. In addition, by extending our sponsorship we want to help facilitate the further development of women's cycling in general", says CEO Kobe Verdonck.

The leading European payroll and HR services provider SD Worx has signed a partnership with PayGroup to support its European multi-country customers having branches in the Asia-Pacific and Middle East region. PayGroup started operating in 2005 and is one of the top three independent payroll and HR providers in Asia-Pacific, providing mission critical services across 82 countries.

Just over half of European white-collar workers say they have a flexible work arrangement. Within certain limits, employees are given more freedom, such as staggered working hours. Half the white-collar workers surveyed indicated that tracking their hours worked helps them maintain a good work-life balance. These were the results of a recent study by European HR and payroll service provider SD Worx.

More than 33 percent of European companies struggle to keep their payroll in order due to the complexity of local legislation, the new SD Worx Payroll Proficiency Index has found. In addition, research shows that more than 4 out of 10 companies are now exclusively using cloud technology for their payroll process.

The leading European Payroll and HR service provider SD Worx is taking a majority stake in the Belgian company, huapii. Huapii offers a talent platform that gives employees ownership of their career through skill and performance management. This way, SD Worx is strengthening its talent management offering, while huapii is being given a springboard to break through internationally.

SD Worx, the leading European HR and payroll services provider, achieved a consolidated turnover in 2021 of EUR 858.1 million (+15.4% compared to the EUR 743.5 million in 2020) and a normalised EBITDA of EUR 115.6 million, an increase of 20.0% compared to 2020 (EUR 96.3 million). The net result amounts to EUR 46.8 million.

One colleague in ten indicated that they are actively looking for another job at present. The scarcity in the labour market seems to be encouraging employees to look beyond their current company. Research conducted by the European HR and payroll specialist SD Worx showed that half of the employees surveyed are open to a job with another employer. 29% see this as a longer-term situation, while 20% would like to try it out temporarily, such as through exchanging employees between companies. Companies that want to keep their employees on board are best advised to make an effort in terms of pay policy and work environment. After all, these factors are the most important when looking for a new employer.

Blue Monday or not, European employees generally seem very happy in the workplace. Two in three (just under 65%) enjoy their work week after week. Roughly the same number of employees are also proud of what they do every week, and more than six in ten often see work as their passion. These are some of the results of "A Worker’s Journey", a large-scale survey conducted by European HR and payroll specialist SD Worx in Belgium, Germany, France, the Netherlands and the United Kingdom.

SD Worx, a leading European HR & payroll services provider, has appointed Kelly Lespinoy Chief Legal & Compliance Officer. Kelly joins the Executive Committee and reports directly to CEO Kobe Verdonck.

What a difference a year makes. Last year, European companies were still mainly concerned with operational HR tasks: payroll calculation and payment, and HR service to employees were seen as their main challenges. This year, the focus is more than ever on people. Employers, from Spain to the Nordics, consider staff welfare and resilience their number one HR challenge for the coming years. Next in line: employee experience and engagement. “The Covid pandemic has had a serious impact on how we organise our work. It is no coincidence that businesses are investing more time and efforts in their most important assets: the people. Businesses care for their people, more than ever, and that’s their main challenge for next year”, says Cathy Geerts, Chief HR Officer at SD Worx, a leading European HR and payroll services provider.

Payroll outsourcing is on the rise all across Europe. That’s one of the main conclusions from a large-scale employer survey conducted by SD Worx, a leading European HR and payroll services provider. Today, a whopping 6 in 10 European companies contract or consider contracting an outsourcing partner to (partially) take care of their payroll. Belgium leads the way: only 27% of Belgian companies are prepared to completely manage their own payroll themselves. The fast-changing business environment and complex legislation lay at the root of this trend.

SD Worx has sold ASPEX to Trustteam, a Belgian IT partner for SMEs. Aspex has been helping clients migrate their systems to the cloud for over fifteen years. It is particularly specialised in the public cloud, to which more and more companies are turning in order to keep their ever-increasing amounts of data safe. ASPEX's core business has little to do with that of SD Worx and in Trustteam we have found a partner who can further expand the scale of ASPEX.