How many employees work at Economical Insurance?
Economical Insurance has approximately 1,606 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Economical Insurance’s total headcount has declined 14.1% from 1,870 employees in 2023 to 1,606 in 2026.
Is Economical Insurance hiring right now?
Yes, Economical Insurance is actively hiring. Economical Insurance had 12 active job postings in 2026, a 95.7% decline from 2025 — see job openings & hiring trends.
About Economical Insurance’s Workforce
Economical Insurance is a Financial Services company that employs 1,606 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1871, the company is headquartered in Waterloo, Canada.
Economical Insurance's workforce has declined 14.1% from 2023 to 2026, down 1.5% year over year in 2026. It fell to a low of 1,606 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (97.5%), followed by Sub-Saharan Africa (0.6%) and Western Europe (0.4%).
Economical Insurance's functional groups are Finance and Operations (52.9%), Engineering (33.0%), and Sales and Marketing (14.0%). The average salary is $72,319, ranging from a median of $65,000 in North America to $9,000 in Sub-Saharan Africa.
Economical Insurance's active job postings fell 95.7% in 2026 to 12, with new postings per month cooling from 62 in 2023 to 16 in 2026.
Sourced from Revelio Labs workforce data.
- Headquarters
- Waterloo, Canada
- Founded
- 1871
- Industry
- Financial Services
- Employees
- 1,606
- YoY
- -1.5% (-55)
As of March 2026
Economical Insurance workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Economical Insurance. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsEconomical Insurance Annual Employee Count (2023-2026)
- Economical Insurance had 1,606 employees in 2026, a 1.5% decline (-55) from 2025.
- Economical Insurance had 1,633 employees in 2025, a 1.8% decline (-41) from 2024.
- Economical Insurance had 1,674 employees in 2024, a 2.0% decline (-125) from 2023.
- Economical Insurance had 1,799 employees in 2023, a 2.9% decline (-184) from 2022.
Economical Insurance's total workforce has declined from 1,870 employees in 2023 to 1,606 in 2026.
Economical Insurance quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,606 | -55 | -1.5% |
| 2025 | Q4 | 1,633 | -41 | -1.8% |
| 2025 | Q3 | 1,643 | -57 | -1.7% |
| 2025 | Q2 | 1,655 | -71 | -1.4% |
| 2025 | Q1 | 1,661 | -101 | -1.7% |
| 2024 | Q4 | 1,674 | -125 | -2.0% |
| 2024 | Q3 | 1,700 | -143 | -2.6% |
| 2024 | Q2 | 1,726 | -144 | -3.0% |
| 2024 | Q1 | 1,762 | -154 | -2.6% |
| 2023 | Q4 | 1,799 | -184 | -2.9% |
| 2023 | Q3 | 1,843 | -210 | -3.0% |
| 2023 | Q2 | 1,870 | -227 | -2.3% |
See Economical Insurance's complete headcount history, including quarterly breakdowns.
Get the DataEconomical Insurance Employee Count by Region (2026)
North America accounts for the largest share of Economical Insurance's global workforce with approximately 98% of total employees, followed by Sub-Saharan Africa and Western Europe.
Economical Insurance employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 1,561 | 97.5% |
| Sub-Saharan Africa | 9 | 0.6% |
| Western Europe | 7 | 0.4% |
| Southern Europe | 5 | 0.3% |
| Northern Europe | 4 | 0.3% |
| North Africa | 2 | 0.1% |
| South America | 2 | 0.1% |
| Pacific Islands | 2 | 0.1% |
| South Asia | 2 | 0.1% |
| Southeast Asia | 2 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataEconomical Insurance Employee Count by Department (2026)
Economical Insurance's employee groups are Finance and Operations (52.9%), Engineering (33.0%), and Sales and Marketing (14.0%).
Economical Insurance employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 834 | 52.9% |
| Engineering | 520 | 33.0% |
| Sales and Marketing | 221 | 14.0% |
Compare Economical Insurance's department mix to industry peers.
See Full DataEconomical Insurance Employee Salary by Region (2026)
Economical Insurance's average employee salary is $72,319 globally. Employees in North America receive the highest compensation. Pay is lowest in Sub-Saharan Africa, at a median of $9,000.
Economical Insurance median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $65,000 |
| Western Europe | $60,000 |
| Northern Europe | $48,000 |
| Southern Europe | $38,000 |
| Central America and the Caribbean | $25,000 |
| South America | $22,000 |
| North Africa | $18,000 |
| Sub-Saharan Africa | $9,000 |
Unlock salary by role, level, and city — and compare to Economical Insurance's industry peers.
Unlock Salary DataEconomical Insurance Job Openings and Hiring Trends (2023-2026)
- Economical Insurance had 12 active job postings in 2026, a 95.7% decline (-6) from 2025.
- Economical Insurance had 18 active job postings in 2025, a 11.8% increase (+2) from 2024.
- Economical Insurance had 16 active job postings in 2024, a 136.8% increase (+13) from 2023.
- Economical Insurance had 3 active job postings in 2023, a 173.3% decline from 2022.
- Hiring velocity in 2026: 16 new roles/month, down from 36 in 2025 and 15 in 2024.
Economical Insurance's hiring is slowing: active job postings fell 95.7% in 2026 to 12, with new postings per month cooling from 62 in 2023 to 16 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataSimilar Companies
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Frequently Asked Questions About Economical Insurance
- How fast is Economical Insurance growing?
- In 2026, Economical Insurance's headcount shrank 1.5% to 1,606 employees, down from 1,661 in 2025.
- See the full headcount history
- Where are Economical Insurance employees located?
- Most Economical Insurance employees are based in North America (97.5% of headcount), followed by Sub-Saharan Africa and Western Europe.
- Explore where the workforce is based
- What is the average salary at Economical Insurance?
- The average employee salary at Economical Insurance is approximately $72.3k per year.
- Analyze the salary distribution
- How many new job postings does Economical Insurance open per year?
- In Q1 2026, Economical Insurance opened 49 new job postings. In 2025, Economical Insurance opened 435 new job postings — about 36 per month.
- Track hiring trends by role
- When was Economical Insurance founded and where is it headquartered?
- Economical Insurance was founded in 1871 and is headquartered in Waterloo, Canada.
- Compare Economical Insurance to industry peers
Speak with a workforce expert about Economical Insurance.
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