Amsterdam, November 25 2011 – After taking first prize in the 2011 FD Gazellen Awards for the provinces Noord-Holland and Zuid-Holland earlier last week, Payroll Works has now been confirmed as the fastest growing company in the Netherlands. Having achieved a growth of 918% in just three years, Payroll Works has every reason to be proud of their accomplishment.
Each year, the Dutch newspaper Financieel Dagblad organizes the FD Gazellen Awards in cooperation with ABN AMRO and Graydon, a well-known credit ratings bureau. This annual event is held to determine which companies have shown the fastest stable financial growth in their respective province or region. In order to be eligible for participation, a company must achieve revenue growth of at least 20%% over the past three years. Additionally, revenue must exceed € 100,000 in the first year of operation. The organization’s financial health and credit behavior during this period are also taken into account, and those selected for the Awards must have shown positive net revenue in the past year.
Earlier last week, Payroll Works was awarded the Golden Gazelle for the provinces North-Holland and South-Holland. Showing an impressive revenue growth of 918%% between 2008 and 2011, the payroller easily blazed past other regional competitors in the dash for the first prize. Now that the results for North-Brabant, Zeeland and Limburg have also been made public, Payroll Works has been confirmed as the overall Dutch champion in their category. And none are more thrilled by these results than Gertjan van Dam and Julius Kousbroek, Payroll Works’ CEOs:
“We’re very proud of this accomplishment – it proves that we’re on the right track. Already, there’s a good chance that we’ll do very well in next year’s competition. We view this as a badge of pride; a boost for both our team and our public image. Our thanks go out to the Financieel Dagblad and their partners for organizing this memorable event.”
Founded in 2007, Payroll Works specializes in payrolling, payroll services and payroll management outsourcing. In offering these services Payroll Works contributes to the increasing flexibility of the Dutch labor market, and assists entrepreneurs and businesses in their daily operations. Through the use of modern information technology, crystal-clear communication and dedicated customer service facilities, Payroll Works has established itself as one of the key players in its field. In addition to the revenue growth mentioned earlier, Payroll Works has also built a steady customer base over the years – the number of businesses that outsource their payroll to Payroll Works is ever rising, and the service provider has already registered more than 2,000 active professionals on its payroll.
If you would like further information about the benefits of Payroll Works’ Umbrella Services, please don’t hesitate to call us on +31 (0)20 716 3384. Alternatively, fill in the contact form and we will get back to you at the first opportunity.
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