AUSTIN, Texas–(BUSINESS WIRE)–Inc. magazine named SafeGuard World International, the largest in-country payroll and employment outsourcing provider, to the annual Inc. 5000 list on Wednesday. SafeGuard World earned a coveted spot on the nation’s fastest-growing private companies list thanks to its 106 percent sales growth over the three-year evaluation period.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. SafeGuard World, which joins 85 other Austin-based companies named to the list, has grown tremendously in revenue and employee size since its founding in 2008.”The Inc. 5000 list stands out where it really counts,” said Eric Schurenberg, Inc. president and editor-in-chief. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
In addition to its strong business performance, SafeGuard World continues to enjoy well-deserved recognition from several industry leaders. This year, the company was also named global payroll supplier of the year and global payroll innovator by Global Payroll Awards. Additionally, its CEO, Bjorn Reynolds, was named to Payroll World’s payroll top 50 in early 2016.
“Our employees’ efforts to deliver exceptional client service and expand our footprint into new countries were key to the success of being named to this prestigious list,” said Reynolds. “Our clients rely on us to make it easy for them to expand into new countries, while seamlessly handling all aspects of their global payroll and employment outsourcing. This partnership provides our clients access to better data and analytics, which helps them make more informed business decisions that drive greater efficiencies and cost savings.”
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About SafeGuard World International
In today’s business market you need smart solutions to help you compete globally. SafeGuard World delivers smart solutions for managing your payroll and workforce – wherever they are located. With experienced teams in more than 175 countries, SafeGuard World helps you quickly expand into new global markets, compliantly pay workers and convert disparate payroll data into a comprehensive view of your workforce costs for better business decisions. Regardless of size or number of employees, SafeGuard World is helping a rapidly expanding list of market-leading companies gain greater value from their global presence. That’s innovating how the world gets paid.