How many employees work at The Savings Bank Mutual?

The Savings Bank Mutual Life Insurance Co. of Massachusetts has approximately 332 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. The Savings Bank Mutual’s total headcount has grown 3.7% from 320 employees in 2023 to 332 in 2026.

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

Is The Savings Bank Mutual hiring right now?

Yes, The Savings Bank Mutual is actively hiring. The Savings Bank Mutual had 7 active job postings in 2026, a 0.0% no change from 2025 see job openings & hiring trends.

About The Savings Bank Mutual’s Workforce

The Savings Bank Mutual Life Insurance Co. of Massachusetts is a Financial Services company that employs 332 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1907, the company is headquartered in Woburn, Massachusetts.

The Savings Bank Mutual's workforce has grown 3.7% from 2023 to 2026, up 0.8% year over year in 2026. It fell to a low of 318 in 2023 Q3 before recovering. Its workforce is concentrated most in North America (87.5%), followed by South Asia (7.5%) and Southeast Asia (1.6%).

The Savings Bank Mutual's functional groups are Finance and Operations (47.0%), Engineering (33.7%), and Sales and Marketing (19.3%). The average salary is $94,321, ranging from a median of $99,000 in North America to $5,000 in South Asia.

The Savings Bank Mutual's hiring activity held steady in 2026. Overall employee sentiment is negative but improving.

Sourced from Revelio Labs workforce data.

Headquarters
Woburn, Massachusetts
Founded
1907
Industry
Financial Services
Employees
332
YoY
+0.8% (+0)

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The Savings Bank Mutual Annual Employee Count (2023-2026)

Interactive chart of The Savings Bank Mutual annual worldwide employee count from 2023 to 2026.
  • The Savings Bank Mutual had 332 employees in 2026, a 0.8% increase from 2025.
  • The Savings Bank Mutual had 333 employees in 2025, a 1.0% increase (+3) from 2024.
  • The Savings Bank Mutual had 330 employees in 2024, a 1.0% decline (+12) from 2023.
  • The Savings Bank Mutual had 318 employees in 2023, a 1.6% decline (-8) from 2022.

The Savings Bank Mutual's total workforce has grown from 320 employees in 2023 to 332 in 2026.

The Savings Bank Mutual Life Insurance Co. of Massachusetts quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1332+0+0.8%
2025Q4333+3+1.0%
2025Q3332+3-0.3%
2025Q2336+14+0.3%
2025Q1332+13-0.1%
2024Q4330+12-1.0%
2024Q3329+11-0.4%
2024Q2322+2-1.7%
2024Q1319-8-1.8%
2023Q4318-8-1.6%
2023Q3318-6-1.3%
2023Q2320+1+0.5%

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The Savings Bank Mutual Employee Count by Region (2026)

North America accounts for the largest share of The Savings Bank Mutual's global workforce with approximately 88% of total employees, followed by South Asia and Southeast Asia.

The Savings Bank Mutual employees by region

RegionEmployees% of Total
North America28587.5%
South Asia247.5%
Southeast Asia51.6%
Sub-Saharan Africa31.0%
South America31.0%
East Asia10.4%
Arab States10.4%
North Africa10.3%
Northern Europe10.3%

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The Savings Bank Mutual Employee Count by Department (2026)

The Savings Bank Mutual's employee groups are Finance and Operations (47.0%), Engineering (33.7%), and Sales and Marketing (19.3%).

The Savings Bank Mutual employees by department

DepartmentEmployees% of Total
Finance and Operations15447.0%
Engineering11033.7%
Sales and Marketing6319.3%

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The Savings Bank Mutual Employee Salary by Region (2026)

The Savings Bank Mutual's average employee salary is $94,321 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $5,000.

The Savings Bank Mutual median employee salary by region (USD)

RegionMedian Salary
North America$99,000
Southeast Asia$6,000
South Asia$5,000

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The Savings Bank Mutual Job Openings and Hiring Trends (2023-2026)

Interactive chart of The Savings Bank Mutual annual active job postings from 2023 to 2026.
  • The Savings Bank Mutual had 7 active job postings in 2026, a 0% no change (+3) from 2025.
  • The Savings Bank Mutual had 4 active job postings in 2025, a 54.5% decline (-3) from 2024.
  • The Savings Bank Mutual had 7 active job postings in 2024, a 15.4% increase (+1) from 2023.
  • The Savings Bank Mutual had 6 active job postings in 2023, a 114.3% decline from 2022.
  • Hiring velocity in 2026: 2 new roles/month, down from 3 in 2025 and 6 in 2024.

The Savings Bank Mutual's hiring activity held steady in 2026.

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The Savings Bank Mutual Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across The Savings Bank Mutual's workforce based on public professional data. Overall sentiment is negative and has improved year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About The Savings Bank Mutual

How fast is The Savings Bank Mutual growing?
In 2026, The Savings Bank Mutual's headcount grew 0.8% to 332 employees.
See the full headcount history
Where are The Savings Bank Mutual employees located?
Most The Savings Bank Mutual employees are based in North America (87.5% of headcount), followed by South Asia and Southeast Asia.
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What is the average salary at The Savings Bank Mutual?
The average employee salary at The Savings Bank Mutual is approximately $94.3k per year.
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How many new job postings does The Savings Bank Mutual open per year?
In Q1 2026, The Savings Bank Mutual opened 7 new job postings. In 2025, The Savings Bank Mutual opened 40 new job postings — about 3 per month.
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When was The Savings Bank Mutual founded and where is it headquartered?
The Savings Bank Mutual was founded in 1907 and is headquartered in Woburn, Massachusetts.
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