How many employees work at Covance?
Labcorp Drug Development, Inc. has approximately 7,595 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Covance’s total headcount has declined 10.7% from 8,510 employees in 2023 to 7,595 in 2026.
Is Covance hiring right now?
No, Covance is not actively hiring. Covance had 0 active job postings in 2026, a 200.0% decline from 2025 — see job openings & hiring trends.
About Covance’s Workforce
Labcorp Drug Development, Inc. is a Biotech and Healthcare Services company that employs 7,595 people worldwide as of March 2026. It is the 5th-largest by headcount among its peers. Founded in 1996, the company is headquartered in Princeton, New Jersey.
Covance's workforce has declined 10.7% from 2023 to 2026, down 1.3% year over year in 2026. It fell to a low of 7,595 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (40.0%), followed by East Asia (25.4%) and South Asia (10.8%).
Covance's functional groups are Finance and Operations (50.5%), Engineering (28.8%), and Sales and Marketing (20.7%). The average salary is $66,325, ranging from a median of $86,000 in North America to $8,000 in South Asia.
Covance's active job postings fell 200.0% in 2026 to 0. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Princeton, New Jersey
- Founded
- 1996
- Industry
- Biotech and Healthcare Services
- Employees
- 7,595
- YoY
- -1.3% (-144)
As of March 2026
Covance workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Covance. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsCovance Annual Employee Count (2023-2026)
- Covance had 7,595 employees in 2026, a 1.3% decline (-144) from 2025.
- Covance had 7,619 employees in 2025, a 1.7% decline (-202) from 2024.
- Covance had 7,821 employees in 2024, a 2.3% decline (-369) from 2023.
- Covance had 8,190 employees in 2023, a 3.3% decline (-1,562) from 2022.
Covance's total workforce has declined from 8,510 employees in 2023 to 7,595 in 2026.
Labcorp Drug Development, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 7,595 | -144 | -1.3% |
| 2025 | Q4 | 7,619 | -202 | -1.7% |
| 2025 | Q3 | 7,675 | -194 | -1.2% |
| 2025 | Q2 | 7,696 | -287 | -1.5% |
| 2025 | Q1 | 7,739 | -318 | -1.8% |
| 2024 | Q4 | 7,821 | -369 | -2.3% |
| 2024 | Q3 | 7,869 | -476 | -2.8% |
| 2024 | Q2 | 7,983 | -527 | -2.6% |
| 2024 | Q1 | 8,057 | -1,346 | -3.2% |
| 2023 | Q4 | 8,190 | -1,562 | -3.3% |
| 2023 | Q3 | 8,345 | -1,791 | -3.7% |
| 2023 | Q2 | 8,510 | -2,453 | -4.0% |
See Covance's complete headcount history, including quarterly breakdowns.
Get the DataCovance Employee Count by Region (2026)
North America accounts for the largest share of Covance's global workforce with approximately 40% of total employees, followed by East Asia and South Asia.
Covance employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 3,024 | 40.0% |
| East Asia | 1,921 | 25.4% |
| South Asia | 817 | 10.8% |
| Northern Europe | 698 | 9.2% |
| Western Europe | 353 | 4.7% |
| Eastern Europe | 280 | 3.7% |
| Southeast Asia | 144 | 1.9% |
| Southern Europe | 111 | 1.5% |
| South America | 91 | 1.2% |
| Pacific Islands | 37 | 0.5% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataCovance Employee Count by Department (2026)
Covance's employee groups are Finance and Operations (50.5%), Engineering (28.8%), and Sales and Marketing (20.7%).
Covance employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 3,825 | 50.5% |
| Engineering | 2,177 | 28.8% |
| Sales and Marketing | 1,570 | 20.7% |
Compare Covance's department mix to industry peers.
See Full DataCovance Employee Salary by Region (2026)
Covance's average employee salary is $66,325 globally. Employees in North America receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in South Asia, at a median of $8,000.
Covance median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $86,000 |
| North America | $86,000 |
| Central and Western Asia | $84,000 |
| Western Europe | $78,000 |
| Northern Europe | $68,000 |
| Southern Europe | $47,000 |
| East Asia | $37,000 |
| Arab States | $37,000 |
| Southeast Asia | $33,000 |
| Eastern Europe | $30,000 |
| South America | $21,000 |
| Central America and the Caribbean | $21,000 |
| Sub-Saharan Africa | $15,000 |
| South Asia | $8,000 |
Unlock salary by role, level, and city — and compare to Covance's industry peers.
Unlock Salary DataCovance Job Openings and Hiring Trends (2023-2026)
- Covance had 0 active job postings in 2026, a 200.0% decline from 2025.
- Covance had 0 active job postings in 2025, a 200.0% decline (-1) from 2024.
- Covance had 1 active job postings in 2024, a 200.0% increase (+1) from 2023.
- Covance had 0 active job postings in 2023, a 200.0% decline from 2022.
- Hiring velocity in 2026: 0 new roles/month, up from 0 in 2025 and 1 in 2024.
Covance's active job postings fell 200.0% in 2026 to 0.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataCovance Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Covance's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
Similar Biotech and Healthcare Services Companies by Employee Count
Frequently Asked Questions About Covance
- How fast is Covance growing?
- In 2026, Covance's headcount shrank 1.3% to 7,595 employees, down from 7,739 in 2025.
- See the full headcount history
- Where are Covance employees located?
- Most Covance employees are based in North America (40.0% of headcount), followed by East Asia and South Asia.
- Explore where the workforce is based
- What is the average salary at Covance?
- The average employee salary at Covance is approximately $66.3k per year.
- Analyze the salary distribution
- How many new job postings does Covance open per year?
- In Q1 2026, Covance opened 0 new job postings. In 2025, Covance opened 5 new job postings — about 0 per month.
- Track hiring trends by role
- When was Covance founded and where is it headquartered?
- Covance was founded in 1996 and is headquartered in Princeton, New Jersey.
- Compare Covance to industry peers
Speak with a workforce expert about Covance.
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