3 March 2022

Payslips for 14 million employees via DATEV

Above-average growth after the COVID-19 slump leads to a new record.

The labour market is growing again after the slump caused by the COVID-19 virus. While the labour market has reached the same level as before the COVID-19 pandemic, the IT service provider DATEV has grown significantly faster. As the number of employees grows, more payslips are needed. This is evident at DATEV eG: the number of employees receiving a payslip generated by DATEV software passed the 14 million mark in December 2021.

The main reason for this is DATEV's cooperative and sustainable business model, in which companies work together with their tax advisors on all aspects of payroll accounting. Currently, most new jobs are created in small and medium-sized enterprises, so DATEV's close relationship with SMEs is advantageous. This trend is reinforced by two developments: the complexity of payroll accounting is increasing due to the constant introduction of new legislation. It is becoming increasingly difficult for companies to find highly specialised staff. This increases the willingness to outsource payroll accounting to tax consultants.

The number of employees whose payroll accounting is carried out with DATEV software has risen sharply since the foundation of the cooperative. In 2020 and the first half of 2021, DATEV has seen a cyclical decline in payroll accounting due to the COVID-19-related restrictions and their impact on the labour market. Since May 2021, there has been an upward trend, and DATEV could now even exceed its highest level to date. The 13 million mark was exceeded in July 2018.