Press

SD Worx, the leading European HR solutions provider, has been recognised by analyst company Everest Group as a leader in the Multi-country Payroll Solutions PEAK Matrix 2024 EMEA. The recognition confirms SD Worx’ international presence, customer and partner relationships and innovative solutions. 

More than a third (36%) of European employers consider internal equality within the organisation to be their biggest challenge in the area of remuneration. Three out of ten employers (29%) are actively working to improve pay equality, and 31% say they have specific plans to do so in the future. On the other hand, four out of ten employers currently have no plans to tackle pay inequality. These findings and more are the results of an international survey conducted by European HR service provider SD Worx among more than 5,000 companies and 18,000 employees in 18 European countries.

SD Worx, the leading European HR and payroll solutions provider, has successfully closed the acquisition of F2A, the Italian market leader in HR and payroll. With this transaction, SD Worx has taken a quantum leap in its expansion strategy to help customers of any size across Europe with their HR and payroll through software, managed services and expertise. 

Dublin, 24th October 2024 – SD Worx Ireland, a leading payroll and HR solutions provider, today announces the results of their latest research which has revealed a trend of dissatisfaction with salary payments and processes among employees in Ireland. The research found that 21% of employees were paid late by their employers on several occasions in the last 12 months, while alarmingly, 27% reported errors in their salary calculations.

SD Worx, the leading European HR solutions provider, achieved a consolidated revenue of EUR 581.8 million in the first half of the year, an increase of 10.9% compared to the first half of 2023 (EUR 524.6 million). The consolidated adjusted EBITDA grew 36.7% from EUR 88.5 million in the first half of last year to EUR 121.0 million during the first six months of 2024. The consolidated net result increased from EUR 42.5 million in the first two quarters last year to EUR 54.9 million in the first half of this year.

SD Worx invests €3M to expand payroll services for Irish SMEs, supporting up to 50 new businesses in a year, ensuring compliance and efficient payroll management.

Ardian, a world-leading private investment house, and SD Worx, one of the main European HR and payroll solutions providers, have reached an agreement for the sale of F2A, the leading Italian HR and payroll solutions provider controlled by Ardian since February 2016. With this transaction, SD Worx will expand its offering and geographical footprint and accelerate its growth in the European HR and payroll solutions industry. The transaction is subject to customary regulatory approvals.