Tuesday August 11, 2020

Profits double for job reward firm

Globoforce, an Irish firm that runs employee reward schemes for some of the world’s biggest companies, doubled its profits last year and is predicting further growth.

3rd October, 2009

Globoforce, an Irish firm that runs employee reward schemes for some of the world’s biggest companies, doubled its profits last year and is predicting further growth.

The company made an operating profit of €2 million last year, up from €1 million in 2007. Revenues rose by 16 per cent to €54.3 million in 2008, meaning they have doubled in the past two years.

Globoforce chief executive Eric Mosley, who is based in the US, said the...

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