How many employees work at REC?
REC Ltd. (532955) has approximately 2,470 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. REC’s total headcount has grown 30.4% from 1,894 employees in 2023 to 2,470 in 2026.
About REC’s Workforce
REC Ltd. (532955) is a Financial Services company that employs 2,470 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1969, the company is headquartered in Gurgaon, India and trades on the BSE India Ltd..
REC's workforce has grown 30.4% from 2023 to 2026, though it is down 4.1% year over year in 2026. Its workforce is concentrated most in South Asia (99.3%), followed by South America (0.2%) and North America (0.2%).
REC's functional groups are Finance and Operations (42.2%), Sales and Marketing (30.7%), and Engineering (27.1%), with Finance and Operations growing fastest (up 3.5%). The average salary is $9,053, ranging from a median of $81,000 in North America to $6,000 in South Asia, up 4.7% year over year in 2026.
Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Ticker
- BSE India Ltd.: 532955
- Headquarters
- Gurgaon, India
- Founded
- 1969
- Industry
- Financial Services
- Employees
- 2,470
- YoY
- -4.1% (-113)
As of March 2026
REC workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for REC. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsREC Annual Employee Count (2023-2026)
- REC had 2,470 employees in 2026, a 4.1% decline (-113) from 2025.
- REC had 2,516 employees in 2025, a 0.2% decline (-25) from 2024.
- REC had 2,541 employees in 2024, a 11.8% increase (+541) from 2023.
- REC had 2,000 employees in 2023, a 1.4% increase (+221) from 2022.
REC's total workforce has grown from 1,894 employees in 2023 to 2,470 in 2026.
REC Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 2,470 | -113 | -4.1% |
| 2025 | Q4 | 2,516 | -25 | -0.2% |
| 2025 | Q3 | 2,516 | +82 | +4.4% |
| 2025 | Q2 | 2,577 | +189 | +4.7% |
| 2025 | Q1 | 2,583 | +525 | +11.8% |
| 2024 | Q4 | 2,541 | +541 | +11.8% |
| 2024 | Q3 | 2,434 | +434 | +8.5% |
| 2024 | Q2 | 2,388 | +494 | +11.0% |
| 2024 | Q1 | 2,058 | +258 | +4.5% |
| 2023 | Q4 | 2,000 | +221 | +1.4% |
| 2023 | Q3 | 2,000 | +234 | +2.0% |
| 2023 | Q2 | 1,894 | +65 | +0.8% |
See REC's complete headcount history, including quarterly breakdowns.
Get the DataREC Employee Count by Region (2026)
South Asia accounts for the largest share of REC's global workforce with approximately 99% of total employees, followed by South America and North America.
REC employees by region
| Region | Employees | % of Total |
|---|---|---|
| South Asia | 2,450 | 99.3% |
| South America | 6 | 0.2% |
| North America | 5 | 0.2% |
| Sub-Saharan Africa | 4 | 0.2% |
| Northern Europe | 2 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataREC Employee Count by Department (2026)
REC's employee groups are Finance and Operations (42.2%), Sales and Marketing (30.7%), and Engineering (27.1%).
REC employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 1,040 | 42.2% |
| Sales and Marketing | 755 | 30.7% |
| Engineering | 669 | 27.1% |
Compare REC's department mix to industry peers.
See Full DataREC Employee Salary by Region (2026)
REC's average employee salary is $9,053 globally. Employees in North America receive the highest compensation, with median pay approximately 8.9x the global average. Pay is lowest in South Asia, at a median of $6,000.
REC median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $81,000 |
| Sub-Saharan Africa | $9,000 |
| South Asia | $6,000 |
Unlock salary by role, level, and city — and compare to REC's industry peers.
Unlock Salary DataREC Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across REC's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About REC
- How fast is REC growing?
- In 2026, REC's headcount shrank 4.1% to 2,470 employees, down from 2,583 in 2025.
- See the full headcount history
- Where are REC employees located?
- Most REC employees are based in South Asia (99.3% of headcount), followed by South America and North America.
- Explore where the workforce is based
- What is the average salary at REC?
- The average employee salary at REC is approximately $9.1k per year.
- Analyze the salary distribution
- When was REC founded and where is it headquartered?
- REC was founded in 1969 and is headquartered in Gurgaon, India.
- Compare REC to industry peers
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