Press

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.

SD Worx, the leading European HR and payroll solutions provider, has acquired the Polish HR tech startup TribePerk. This fast-growing HR tech start-up offers an integrated suite of HR cloud solutions including payroll, core HR and time & attendance to Polish SMEs. With this acquisition, SD Worx expands its go-to-market to Polish SMEs and strengthens its position on the Polish market, where it already serves mid-market businesses and where it is the local market leader in SAP & SuccessFactors solutions.

The speed and efficiency of salary processing in Ireland is the biggest challenge in payroll management, according to a recent study by SD Worx Ireland. 

SD Worx, the leading European HR and payroll solutions provider, has successfully closed the acquisition of Romanian Software S.R.L., the market leader in Romania for payroll and Human Capital Management (HCM) solutions.

European HR services provider, SD Worx along with Protime, the leading name in European timekeeping and employee scheduling solutions, have renewed  their commitment as the main sponsors of Team SD Worx – Protime. Extending their partnership through 2028.

Protime, the Belgian market leader in time registration and employee scheduling, has acquired Sheepblue.

SD Worx, the leading European HR solutions provider, achieved a consolidated revenue of EUR 1.058 billion last year, an increase of 10% compared to 2022 (EUR 962.1 million). 

SD Worx Ireland, the leading HR solutions provider, today announces that it will create 40 new jobs in the next two years, as part of a €2.9M investment in its workforce. The company, formerly Intelligo, is Ireland’s fastest-growing payroll technology company and expects to grow to a team of 115 by year-end 2025.