Company’s training and development programs move up 32 spots to rank among business’ best
BOSTON, February 10, 2021 – Global tax software leader Sovos was recently recognized by Training magazine as one of 100 companies worldwide that provide excellent employer-sponsored training and development programs. The company moved up the rankings from No. 69 last year to No. 37 this year. Sovos’ employee programs focus on employee fulfillment and support growth opportunities, while prioritizing a culture aimed at motivating career-oriented employees to advance, innovate and celebrate successes along the way.
The magazine considered a number of factors in compiling its Top 100, including training investments, training program and scope, tuition reimbursement, training infrastructure and delivery, number of training hours per employee, business-outcome measurement and how closely companies link training to business goals. This year, the list decreased from the Top 125 to the Top 100, making the rankings even more competitive.
“Sovos demonstrates the value of prioritizing employee training and education at every step in someone’s career path, not just when they start out in the company,” said Lorri Freifeld, Training magazine editor-in-chief. “Sovos, like all of our honorees, understands how a significant investment in employee training is critical to driving a company’s success.”
Sovos, which moved into the top 50 honorees in this year’s list, quickly adapted and transitioned from in-person training programs to completely virtual ones last year. Despite this challenge, Sovos continued its commitment to delivering innovative programs without interruption and trained more than 1,650 employees in 2020.
“As Sovos continues to grow—we now have employees in more than 10 countries supporting more than 8,000 customers around the world—we have prioritized training in order to provide our talented employees with the tools they need to help us accomplish our mission to Solve Tax for Good,” said Colleen Schlagel, chief talent officer at Sovos. “One of our core values at Sovos is to Be Professional—in turn, we’ve created a culture where employees are encouraged to develop and expand their professional skills, enabling them to solve problems and best help our customers.”
Sovos has multiple training programs, including First 48, a two-day onboarding program for new employees; LEADS, a program for existing managers to grow and develop their leadership skills; and IMPACT, a program for individual contributors who are looking to build influence and advance their careers as subject matter experts. Sovos also offers a Cloud Rotations program for cross-functional development and career expansion.
Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction control compliance, tax reporting and more. The company supports more than 8,000 customers, including half of the Fortune 500, operating in over 70 countries. Its SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout North America, Latin America and Europe, and is owned by Hg and TA Associates. For more information visit https://www.sovos.com and follow us on LinkedIn and Twitter.