How many employees work at First Rate?
First Rate, Inc. has approximately 356 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. First Rate’s total headcount has grown 14.2% from 312 employees in 2023 to 356 in 2026.
Is First Rate hiring right now?
Yes, First Rate is actively hiring. First Rate had 7 active job postings in 2026, a 0.0% no change from 2025 — see job openings & hiring trends.
About First Rate’s Workforce
First Rate, Inc. is a Financial Services company that employs 356 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1991, the company is headquartered in Arlington, Texas.
First Rate's workforce has grown 14.2% from 2023 to 2026, up 17.6% year over year in 2026. It fell to a low of 296 in 2025 Q1 before recovering. Its workforce is concentrated most in South America (35.4%), followed by North America (31.7%) and South Asia (30.6%).
First Rate's functional groups are Engineering (43.2%), Finance and Operations (33.5%), and Sales and Marketing (23.3%), with Engineering growing fastest (up 9.0%). The average salary is $43,354, ranging from a median of $120,000 in Northern Europe to $7,000 in South Asia, down 6.0% year over year in 2026.
First Rate's hiring activity held steady in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Arlington, Texas
- Founded
- 1991
- Industry
- Financial Services
- Employees
- 356
- YoY
- +17.6% (+60)
As of March 2026
First Rate workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for First Rate. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsFirst Rate Annual Employee Count (2023-2026)
- First Rate had 356 employees in 2026, a 17.6% increase (+60) from 2025.
- First Rate had 353 employees in 2025, a 13.1% increase (+49) from 2024.
- First Rate had 304 employees in 2024, a 0.8% decline (-20) from 2023.
- First Rate had 324 employees in 2023, a 13.4% increase (+68) from 2022.
First Rate's total workforce has grown from 312 employees in 2023 to 356 in 2026.
First Rate, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 356 | +60 | +17.6% |
| 2025 | Q4 | 353 | +49 | +13.1% |
| 2025 | Q3 | 337 | +34 | +9.5% |
| 2025 | Q2 | 325 | +6 | +5.1% |
| 2025 | Q1 | 296 | -19 | -2.1% |
| 2024 | Q4 | 304 | -20 | -0.8% |
| 2024 | Q3 | 303 | -24 | +1.2% |
| 2024 | Q2 | 319 | +7 | +6.7% |
| 2024 | Q1 | 315 | +34 | +8.1% |
| 2023 | Q4 | 324 | +68 | +13.4% |
| 2023 | Q3 | 327 | +82 | +12.7% |
| 2023 | Q2 | 312 | +77 | +11.9% |
See First Rate's complete headcount history, including quarterly breakdowns.
Get the DataFirst Rate Employee Count by Region (2026)
South America accounts for the largest share of First Rate's global workforce with approximately 35% of total employees, followed by North America and South Asia.
First Rate employees by region
| Region | Employees | % of Total |
|---|---|---|
| South America | 124 | 35.4% |
| North America | 111 | 31.7% |
| South Asia | 108 | 30.6% |
| Northern Europe | 6 | 1.6% |
| Arab States | 2 | 0.5% |
| Southeast Asia | 1 | 0.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataFirst Rate Employee Count by Department (2026)
First Rate's employee groups are Engineering (43.2%), Finance and Operations (33.5%), and Sales and Marketing (23.3%).
First Rate employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 154 | 43.2% |
| Finance and Operations | 119 | 33.5% |
| Sales and Marketing | 83 | 23.3% |
Compare First Rate's department mix to industry peers.
See Full DataFirst Rate Employee Salary by Region (2026)
First Rate's average employee salary is $43,354 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 2.8x the global average. Pay is lowest in South Asia, at a median of $7,000.
First Rate median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $120,000 |
| North America | $92,000 |
| South America | $16,000 |
| South Asia | $7,000 |
Unlock salary by role, level, and city — and compare to First Rate's industry peers.
Unlock Salary DataFirst Rate Job Openings and Hiring Trends (2023-2026)
- First Rate had 7 active job postings in 2026, a 0% no change (-1) from 2025.
- First Rate had 8 active job postings in 2025, a 66.7% increase (+4) from 2024.
- First Rate had 4 active job postings in 2024, a 22.2% decline (-1) from 2023.
- First Rate had 5 active job postings in 2023, a 66.7% decline from 2022.
- Hiring velocity in 2026: 4 new roles/month, down from 5 in 2025 and 5 in 2024.
First Rate's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataFirst Rate Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across First Rate'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.
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Frequently Asked Questions About First Rate
- How fast is First Rate growing?
- In 2026, First Rate's headcount grew 17.6% to 356 employees, up from 296 in 2025.
- See the full headcount history
- Where are First Rate employees located?
- Most First Rate employees are based in South America (35.4% of headcount), followed by North America and South Asia.
- Explore where the workforce is based
- What is the average salary at First Rate?
- The average employee salary at First Rate is approximately $43.4k per year.
- Analyze the salary distribution
- How many new job postings does First Rate open per year?
- In Q1 2026, First Rate opened 12 new job postings. In 2025, First Rate opened 54 new job postings — about 5 per month.
- Track hiring trends by role
- When was First Rate founded and where is it headquartered?
- First Rate was founded in 1991 and is headquartered in Arlington, Texas.
- Compare First Rate to industry peers
Speak with a workforce expert about First Rate.
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