Payroll tech company SD Worx, formerly Intelligo, reveals 40 new jobs and €2.9m investment.
SD Worx Ireland is to create 40 new jobs in the next two years as part of a multi-million euro investment in its workforce.
The company, formerly Intelligo, claims to be Ireland’s fastest-growing payroll technology company and expects to grow to a team of 115 by year-end 2025.
“Payroll and HR departments play a vital role in employee satisfaction and wellbeing”
Driving SD Worx’s growth in Ireland is the increased complexity of payroll processing.
The future of payroll
New legislation and procedures such as gender pay gap reporting, statutory sick pay, GDPR and auto-enrolment for pensions, while being universally welcomed, can be a headache for payroll departments as they require extensive administration and changes to technology systems.
SD Worx’s Payroll Proficiency in Ireland report has found that one in four companies in Ireland say that legislation is making payroll more difficult. Regarding the most challenging legislation, 63% of respondents said the complexity of the taxation system, 54% cited the complexity of the social system and 49% said the speed of changes to social legislation. However, 55% of businesses reported that partnering with an external payroll service provider is making their job easier.
Using automation and machine learning, SD Worx’s MegaPay payroll software addresses the challenges faced by payroll teams.
The increasing need for such software and demand for SD Worx’s services has now led to the company making a significant investment in its workforce.
SD Worx has been operating in Ireland for more than 10 years and in 2022, it acquired Intelligo, which was established in Bray in 1996. Last year, SD Worx was named the ‘Best Place to Work’ at the Workplace Excellence Awards in Ireland.
“Payroll and HR departments play a vital role in employee satisfaction and wellbeing,” said Eimear Byrne, country lead for SD Worx Ireland.
“Beyond the timely payment of salaries, their scope can cover everything from employee reward schemes and Government entitlements, to making progress in narrowing gender pay gaps. It is a huge responsibility and consistently delivering on this can be complex and stressful.
“As businesses and the Government put increasing emphasis on employee welfare, we are witnessing a growing demand for our services. Our existing and new team members will be vital in helping us to grow our business, while also helping other businesses to foster a culture that truly cares for the wellbeing and success of their employees.”
Main image at top: Eimear Byrne country lead with and Bronagh McAteer, sales manager, SD Worx Ireland
