Korea KRX Exchange: 403550

How many employees work at Socar?

Socar, Inc. (403550) has approximately 433 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Socar’s total headcount has declined 3.5% from 449 employees in 2023 to 433 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Socar hiring right now?

Yes, Socar is actively hiring. Socar had 21 active job postings in 2026, a 93.7% decline from 2025 see job openings & hiring trends.

About Socar’s Workforce

Socar, Inc. (403550) is an Information Technology Services company that employs 433 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2011, the company is headquartered in South Korea and trades on the Korea KRX Exchange.

Socar's workforce has declined 3.5% from 2023 to 2026, down 2.7% year over year in 2026. It fell to a low of 433 in 2026 Q1 before recovering. Its workforce is concentrated most in East Asia (58.5%), followed by Central and Western Asia (33.6%) and Sub-Saharan Africa (2.0%).

Socar's functional groups are Finance and Operations (43.4%), Engineering (39.2%), and Sales and Marketing (17.3%). The average salary is $29,453, ranging from a median of $37,000 in Sub-Saharan Africa to $13,000 in Southeast Asia, down 0.9% year over year in 2026.

Socar's active job postings fell 93.7% in 2026 to 21, with new postings per month climbing from 1 in 2023 to 12 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
Korea KRX Exchange: 403550
Headquarters
South Korea
Founded
2011
Industry
Information Technology Services
Employees
433
YoY
-2.7% (-21)

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Socar Annual Employee Count (2023-2026)

Interactive chart of Socar annual worldwide employee count from 2023 to 2026.
  • Socar had 433 employees in 2026, a 2.7% decline (-21) from 2025.
  • Socar had 445 employees in 2025, a 0.3% increase (-6) from 2024.
  • Socar had 451 employees in 2024, a 0.3% increase (-3) from 2023.
  • Socar had 454 employees in 2023, a 1.6% increase from 2022.

Socar's total workforce has declined from 449 employees in 2023 to 433 in 2026. Socar's headcount peaked at 460 in 2024.

Socar, Inc. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1433-21-2.7%
2025Q4445-6+0.3%
2025Q3442-9-0.1%
2025Q2457+2+0.9%
2025Q1454-6+0.5%
2024Q4451-3+0.3%
2024Q3451+6+2.7%
2024Q2455+6+3.1%
2024Q1460+7+3.0%
2023Q4454+0+1.6%
2023Q3445-6+0.2%
2023Q2449+11+2.7%

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Socar Employee Count by Region (2026)

East Asia accounts for the largest share of Socar's global workforce with approximately 59% of total employees, followed by Central and Western Asia and Sub-Saharan Africa.

Socar employees by region

RegionEmployees% of Total
East Asia25158.5%
Central and Western Asia14433.6%
Sub-Saharan Africa92.0%
Eastern Europe81.9%
Southeast Asia61.4%
North America51.1%
Western Europe20.5%
North Africa20.4%
Central America and the Caribbean10.2%
Northern Europe10.1%

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Socar Employee Count by Department (2026)

Socar's employee groups are Finance and Operations (43.4%), Engineering (39.2%), and Sales and Marketing (17.3%).

Socar employees by department

DepartmentEmployees% of Total
Finance and Operations17743.4%
Engineering16039.2%
Sales and Marketing7117.3%

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Socar Employee Salary by Region (2026)

Socar's average employee salary is $29,453 globally. Employees in Sub-Saharan Africa receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in Southeast Asia, at a median of $13,000.

Socar median employee salary by region (USD)

RegionMedian Salary
North America$60,000
Western Europe$45,000
Sub-Saharan Africa$37,000
East Asia$30,000
Eastern Europe$27,000
Central America and the Caribbean$21,000
Central and Western Asia$17,000
South America$16,000
Southeast Asia$13,000
North Africa$4,000

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Socar Job Openings and Hiring Trends (2023-2026)

Interactive chart of Socar annual active job postings from 2023 to 2026.
  • Socar had 21 active job postings in 2026, a 93.7% decline (-9) from 2025.
  • Socar had 30 active job postings in 2025, a 71.0% decline (-33) from 2024.
  • Socar had 63 active job postings in 2024, a 193.8% increase (+62) from 2023.
  • Socar had 1 active job postings in 2023, a 0% no change from 2022.
  • Hiring velocity in 2026: 12 new roles/month, down from 19 in 2025 and 16 in 2024.

Socar's active job postings fell 93.7% in 2026 to 21, with new postings per month climbing from 1 in 2023 to 12 in 2026.

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Socar Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Socar's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Socar

How fast is Socar growing?
In 2026, Socar's headcount shrank 2.7% to 433 employees, down from 454 in 2025.
See the full headcount history
Where are Socar employees located?
Most Socar employees are based in East Asia (58.5% of headcount), followed by Central and Western Asia and Sub-Saharan Africa.
Explore where the workforce is based
What is the average salary at Socar?
The average employee salary at Socar is approximately $29.5k per year.
Analyze the salary distribution
How many new job postings does Socar open per year?
In Q1 2026, Socar opened 36 new job postings. In 2025, Socar opened 230 new job postings — about 19 per month.
Track hiring trends by role
When was Socar founded and where is it headquartered?
Socar was founded in 2011 and is headquartered in South Korea.
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