Press

SD Worx, the leading European provider of HR and payroll software and services, has announced its financial results for 2024. The consolidated revenues increased by 11.6%, from EUR 1.058 billion in 2023 to EUR 1.180 billion in 2024. The consolidated adjusted EBITDA grew by 28.2% from EUR 181.6 million to EUR 232.7 million. The consolidated net profit climbed from EUR 70.1 million in 2023 to EUR 94.9 million in 2024, an increase of 35.4%.

SD Worx Quick Apply is now available in the SAP Store, a platform where customers around the world can discover, try, and buy enterprise solutions delivered by SAP Partners. The add-on for the SAP HCM suite is designed by leading European HR and payroll solutions partner SD Worx to streamline the recruitment process for companies using SAP SuccessFactors Recruiting. Going forward, SD Worx plans to publish more of its range of add-ons in the SAP Store for the benefit of the SAP HCM community.

Artificial intelligence (AI) is evolving rapidly and is being applied in more and more situations, including within companies. This is why Europe is introducing the AI Act, a uniform legal framework with which companies in Europe must comply. 

The law comes into effect on Feb. 2 2025, and employers who do not comply risk high fines. While UK businesses don’t have to follow the Act domestically, any companies that operate in Europe or interact with the EU market will need to comply with it by no later than Sunday, Feb. 2. Leading European HR and payroll partner SD Worx explains more.

Avasant RadarView has recognized SD Worx, Europe's leading HR and payroll partner, as a leader in the Payroll Business Process Transformation 2024-2025 RadarView™. It highlights the company’s innovation, quality and leadership in the payroll sector.

2025 will be a challenging yet exciting year for HR, where AI, workforce demands, and sustainability will play increasingly critical roles. How do we balance AI’s potential with human capabilities and strengths? What frameworks ensure responsible AI use? And how can HR meet rising expectations amid a shrinking workforce, while still working to embed sustainability into core practices? SD Worx, the leading European HR solutions provider, takes a closer look at five key HR trends for 2025.

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. 

As we approach annual review season, over half (53%) of UK employers say their wage costs have shot up in the last 12 months. That's according to new research from SD Worx, the leading European HR solutions provider.

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. 

Salary remains the number one reason employees will stay with a company or leave. Nearly two thirds (62.3%) of UK workers said money was the most decisive factor when choosing a company – far beyond the appeal of perks including job security (48%) and an interesting working environment (31%). Furthermore, nearly half (46%) said long-term pay dissatisfaction would prompt them to leave a company, making pay the most critical incentive for employee retention.

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.