How many employees work at Algol?
Algol Oy has approximately 452 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Algol's total headcount has grown 12.9% from 400 employees in 2023 to 452 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is Algol hiring right now?
Yes, Algol is actively hiring. Algol had 4 active job postings in 2025, a 0.0% no change from 2024 — see job openings & hiring trends.
About Algol's Workforce
Algol Oy is an Engineering and Construction Services company that employs 452 people worldwide as of December 2025. It is the 9th-largest by headcount among its peers. Founded in 1894, the company is headquartered in Espoo, Finland.
Algol's workforce has grown 12.9% from 2023 to 2025, with year-over-year headcount up 4.1% in 2025. The headcount fell to a low of 399 in 2023 Q4 before recovering. Its workforce is concentrated most in Finland (57.9%), followed by India (26.6%) and Sweden (3.7%), with India, its fastest-growing location, up 4.5%.
Algol's largest groups are Engineering (48.4%), Finance and Operations (34.6%), and Sales and Marketing (17.0%), with Engineering growing fastest (up 3.2%). The average tenure across employees is 5.5 years. The average salary is $39,058, ranging from a median of $41,000 in Northern Europe to $7,000 in Southern Asia.
Algol's hiring activity held steady in 2025. Overall employee sentiment is neutral and flat.
Sourced from Revelio Labs workforce data.
As of December 2025
Algol
workforce metrics
Headcount
452
4.1% YoY
Avg. Salary
$39.1k
6.7% YoY
Tenure
5.5yr
0.5yr YoY
Growth Rate
4.1%
4.1pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Algol. Compare to peers, export the dataset, and access the full quarterly history.
- Algol had 452 employees in 2025, a 4.1% increase (+18) from 2024.
- Algol had 434 employees in 2024, a 8.2% increase (+35) from 2023.
- Algol had 399 employees in 2023, a 1.0% increase (+3) from 2022.
Algol's total workforce has grown from 400 employees in 2023 to 452 in 2025.
Algol Oy — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 452 | +18 | +4.1% |
| 2025 | Q3 | 435 | +2 | +0.3% |
| 2025 | Q2 | 436 | +7 | +1.6% |
| 2025 | Q1 | 432 | +12 | +2.9% |
| 2024 | Q4 | 434 | +35 | +8.2% |
| 2024 | Q3 | 433 | +28 | +6.8% |
| 2024 | Q2 | 429 | +29 | +6.9% |
| 2024 | Q1 | 420 | +20 | +4.8% |
| 2023 | Q4 | 399 | +3 | +1.0% |
| 2023 | Q3 | 405 | +12 | +3.0% |
| 2023 | Q2 | 400 | +2 | +0.5% |
| 2023 | Q1 | 400 | +1 | +0.2% |
Want to see Algol's complete headcount history back to 2017, including quarterly breakdowns?
Finland accounts for the largest share of Algol's global workforce with approximately 58% of total employees, followed by India and Sweden. Algol's headcount in India is growing fastest among its major locations, up 4.5% year over year in 2025.
Algol employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Finland | 266 | 57.9% | +2.3% |
| India | 122 | 26.6% | +4.5% |
| Sweden | 17 | 3.7% | -4.5% |
| Lithuania | 16 | 3.5% | +0.0% |
| Latvia | 9 | 2.0% | +0.0% |
| Estonia | 9 | 2.0% | +0.0% |
| Russia | 3 | 0.7% | +0.0% |
| Ukraine | 3 | 0.7% | +0.0% |
| Venezuela | 3 | 0.6% | +0.0% |
| Spain | 2 | 0.5% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Algol's largest employee groups are Engineering (48.4%), Finance and Operations (34.6%), and Sales and Marketing (17.0%).
Algol employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Engineering | 222 | 48.4% | +3.2% |
| Finance and Operations | 159 | 34.6% | +3.0% |
| Sales and Marketing | 78 | 17.0% | -1.8% |
Compare Algol's department mix to industry peers.
Algol's average employee salary is $39,058 globally. Employees in Northern Europe receive the highest compensation. Pay is lowest in Southern Asia, at a median of $7,000.
Algol median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $41,000 |
| Eastern Europe | $28,000 |
| Southern America | $9,000 |
| Southern Asia | $7,000 |
Unlock salary by role, level, and city — and compare to Algol's industry peers.
- Algol had 4 active job postings in 2025, a 0% no change from 2024.
- Algol had 4 active job postings in 2024, a 0% no change from 2023.
- Algol had 4 active job postings in 2023, a 120.0% increase from 2022.
- Hiring velocity in 2025: 4 new roles/month, down from 5 in 2024 and 4 in 2023. New metric
Algol's hiring activity held steady in 2025.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Algol's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2025.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Engineering and Construction Services Companies by Employee Count
- How fast is Algol growing?
- In 2025, Algol's headcount grew 4.1% to 452 employees, up from 434 in 2024.
- Where are Algol employees located?
- Most Algol employees are based in Finland (57.9% of headcount), followed by India and Sweden.
- What is the average salary at Algol?
- The average employee salary at Algol is approximately $39.1k per year.
- How many people does Algol hire per year?
- In 2025, Algol opened roughly 48 new roles — about 4 per month.
- When was Algol founded and where is it headquartered?
- Algol was founded in 1894 and is headquartered in Espoo, Finland.
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