Johannesburg Securities Exchange: NED

How many employees work at Nedbank Group?

Nedbank Group Ltd. (NED) has approximately 29,181 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Nedbank Group’s total headcount has grown 3.3% from 28,257 employees in 2023 to 29,181 in 2026.

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

Is Nedbank Group hiring right now?

Yes, Nedbank Group is actively hiring. Nedbank Group had 352 active job postings in 2026, a 37.4% increase from 2025 see job openings & hiring trends.

About Nedbank Group’s Workforce

Nedbank Group Ltd. is a Financial Services company that employs 29,181 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 1831, the company is headquartered in Randburg, South Africa and trades on the Johannesburg Securities Exchange.

Nedbank Group’s workforce has grown 3.3% from 2023 to 2026. Its headcount is concentrated most in South Africa (90.0%), followed by Mozambique (2.6%) and Namibia (2.3%), with Lesotho noted as the fastest-growing location.

Nedbank Group’s largest functional groups are Finance and Operations (50.5%), Engineering (27.2%), and Sales and Marketing (22.3%), with Sales and Marketing growing fastest (up 0.7%). The average tenure is 7.5 years, and the average salary is $34,090, with a regional spread that includes a median of $90,000 in Northern America and $15,000 in Southern Asia.

Nedbank Group’s active job postings rose 37.4% in 2026 to 352, with new postings per month cooling from 414 in 2023 to 197 in 2026. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

Ticker
Johannesburg Securities Exchange: NED
Headquarters
Randburg, South Africa
Founded
1831
Industry
Financial Services
Employees
29,181
YoY
-0.0% (+365)

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Nedbank Group Annual Employee Count (2023-2026)

Interactive chart of Nedbank Group annual worldwide employee count from 2023 to 2026.
  • Nedbank Group had 29,181 employees in 2026, a 0% no change (+365) from 2025.
  • Nedbank Group had 29,078 employees in 2025, a 0.3% decline (+280) from 2024.
  • Nedbank Group had 28,798 employees in 2024, a 0.2% increase (+349) from 2023.
  • Nedbank Group had 28,449 employees in 2023, a 0.7% increase (+400) from 2022.

Nedbank Group's total workforce has grown from 28,257 employees in 2023 to 29,181 in 2026.

Nedbank Group Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q129,181+365-0.0%
2025Q429,078+280-0.3%
2025Q329,021+285-0.2%
2025Q228,961+195-0.5%
2025Q128,816+353+0.2%
2024Q428,798+349+0.2%
2024Q328,736+346+0.3%
2024Q228,766+509+0.6%
2024Q128,463+420+0.6%
2023Q428,449+400+0.7%
2023Q328,390+376+0.8%
2023Q228,257+235+0.8%

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Nedbank Group Employee Count by Country and Region (2026)

South Africa accounts for the largest share of Nedbank Group's global workforce with approximately 90% of total employees, followed by Mozambique and Namibia. Nedbank Group's headcount in Lesotho is growing fastest among its major locations, up 1.6% year over year in 2026.

Nedbank Group employees by country

CountryEmployees% of TotalYoY %
South Africa25,82390.0%+0.6%
Mozambique7382.6%-1.2%
Namibia6492.3%-1.2%
Lesotho3451.2%+1.6%
Isle of Man3071.1%-2.4%
United States2150.7%+0.1%
United Kingdom2130.7%+0.9%
Swaziland1120.4%+1.2%
Malawi560.2%+0.0%
Australia540.2%+0.6%

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Nedbank Group Employee Count by Department (2026)

Nedbank Group's largest employee groups are Finance and Operations (50.5%), Engineering (27.2%), and Sales and Marketing (22.3%).

Nedbank Group employees by department

DepartmentEmployees% of TotalYoY %
Finance and Operations14,64550.5%+0.5%
Engineering7,89027.2%+0.3%
Sales and Marketing6,45122.3%+0.7%

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Nedbank Group Employee Salary by Region (2026)

Nedbank Group's average employee salary is $34,090 globally. Employees in Northern America receive the highest compensation, with median pay approximately 2.6x the global average. Pay is lowest in Southern Asia, at a median of $15,000.

Nedbank Group median employee salary by region (USD)

RegionMedian Salary
Northern America$90,000
Western Europe$79,000
Pacific Islands$76,000
Northern Europe$74,000
Arab States$53,000
Eastern Asia$49,000
Southern Europe$43,000
Central America and the Caribbean$38,000
Northern Africa$29,000
Sub-Saharan Africa$28,000
Eastern Europe$20,000
Southern Asia$15,000
Southern America$15,000

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Nedbank Group Job Openings and Hiring Trends (2023-2026)

Interactive chart of Nedbank Group annual active job postings from 2023 to 2026.
  • Nedbank Group had 352 active job postings in 2026, a 37.4% increase (+80) from 2025.
  • Nedbank Group had 272 active job postings in 2025, a 0.7% decline (-2) from 2024.
  • Nedbank Group had 274 active job postings in 2024, a 27.1% decline (-86) from 2023.
  • Nedbank Group had 360 active job postings in 2023, a 6.5% decline from 2022.
  • Hiring velocity in 2026: 197 new roles/month, down from 228 in 2025 and 269 in 2024.

Nedbank Group's active job postings rose 37.4% in 2026 to 352, with new postings per month cooling from 414 in 2023 to 197 in 2026.

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Nedbank Group Employee Sentiment (2026)

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

Overall

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Frequently Asked Questions About Nedbank Group

How fast is Nedbank Group growing?
In 2026, Nedbank Group's headcount shrank 0.0% to 29,181 employees, up from 28,816 in 2025.
Where are Nedbank Group employees located?
Most Nedbank Group employees are based in South Africa (90.0% of headcount), followed by Mozambique and Namibia.
What is the average salary at Nedbank Group?
The average employee salary at Nedbank Group is approximately $34.1k per year.
How many people does Nedbank Group hire per year?
In 2026, Nedbank Group opened roughly 2,364 new roles — about 197 per month.
When was Nedbank Group founded and where is it headquartered?
Nedbank Group was founded in 1831 and is headquartered in Randburg, South Africa.

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