How many employees work at Rand Merchant Bank?
Rand Merchant Bank has approximately 4,941 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Rand Merchant Bank’s total headcount has grown 14.4% from 4,319 employees in 2023 to 4,941 in 2026.
Is Rand Merchant Bank hiring right now?
Yes, Rand Merchant Bank is actively hiring. Rand Merchant Bank had 3 active job postings in 2026, a 66.7% decline from 2025 — see job openings & hiring trends.
About Rand Merchant Bank’s Workforce
Rand Merchant Bank is a Financial Services company that employs 4,941 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1977, the company is headquartered in Johannesburg, South Africa.
Rand Merchant Bank's workforce has grown 14.4% from 2023 to 2026, up 1.1% year over year in 2026. It fell to a low of 4,296 in 2023 Q3 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (90.8%), followed by South Asia (2.5%) and Northern Europe (1.9%).
Rand Merchant Bank's functional groups are Finance and Operations (48.5%), Engineering (31.1%), and Sales and Marketing (20.4%), with Finance and Operations growing fastest (up 3.4%). The average salary is $38,808, ranging from a median of $92,000 in Northern Europe to $13,000 in South Asia, down 1.3% year over year in 2026.
Rand Merchant Bank's active job postings fell 66.7% in 2026 to 3, with new postings per month cooling from 30 in 2023 to 2 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- Johannesburg, South Africa
- Founded
- 1977
- Industry
- Financial Services
- Employees
- 4,941
- YoY
- +1.1% (+290)
As of March 2026
Rand Merchant Bank workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Rand Merchant Bank. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsRand Merchant Bank Annual Employee Count (2023-2026)
- Rand Merchant Bank had 4,941 employees in 2026, a 1.1% increase (+290) from 2025.
- Rand Merchant Bank had 4,879 employees in 2025, a 1.2% increase (+258) from 2024.
- Rand Merchant Bank had 4,621 employees in 2024, a 0.9% increase (+287) from 2023.
- Rand Merchant Bank had 4,334 employees in 2023, a 0.1% increase (+141) from 2022.
Rand Merchant Bank's total workforce has grown from 4,319 employees in 2023 to 4,941 in 2026.
Rand Merchant Bank quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 4,941 | +290 | +1.1% |
| 2025 | Q4 | 4,879 | +258 | +1.2% |
| 2025 | Q3 | 4,810 | +289 | +1.2% |
| 2025 | Q2 | 4,744 | +303 | +0.8% |
| 2025 | Q1 | 4,651 | +278 | +0.6% |
| 2024 | Q4 | 4,621 | +287 | +0.9% |
| 2024 | Q3 | 4,521 | +225 | +0.6% |
| 2024 | Q2 | 4,441 | +122 | +0.1% |
| 2024 | Q1 | 4,373 | +123 | +0.3% |
| 2023 | Q4 | 4,334 | +141 | +0.1% |
| 2023 | Q3 | 4,296 | +177 | +0.2% |
| 2023 | Q2 | 4,319 | +303 | +0.7% |
See Rand Merchant Bank's complete headcount history, including quarterly breakdowns.
Get the DataRand Merchant Bank Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of Rand Merchant Bank's global workforce with approximately 91% of total employees, followed by South Asia and Northern Europe.
Rand Merchant Bank employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 4,443 | 90.8% |
| South Asia | 124 | 2.5% |
| Northern Europe | 91 | 1.9% |
| North America | 83 | 1.7% |
| Western Europe | 34 | 0.7% |
| Southeast Asia | 29 | 0.6% |
| Southern Europe | 18 | 0.4% |
| East Asia | 15 | 0.3% |
| Arab States | 13 | 0.3% |
| Eastern Europe | 11 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataRand Merchant Bank Employee Count by Department (2026)
Rand Merchant Bank's employee groups are Finance and Operations (48.5%), Engineering (31.1%), and Sales and Marketing (20.4%).
Rand Merchant Bank employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 2,366 | 48.5% |
| Engineering | 1,516 | 31.1% |
| Sales and Marketing | 993 | 20.4% |
Compare Rand Merchant Bank's department mix to industry peers.
See Full DataRand Merchant Bank Employee Salary by Region (2026)
Rand Merchant Bank's average employee salary is $38,808 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 2.4x the global average. Pay is lowest in South Asia, at a median of $13,000.
Rand Merchant Bank median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $92,000 |
| North America | $85,000 |
| Western Europe | $78,000 |
| Pacific Islands | $67,000 |
| Arab States | $64,000 |
| Southern Europe | $49,000 |
| East Asia | $42,000 |
| Sub-Saharan Africa | $33,000 |
| Eastern Europe | $31,000 |
| Central America and the Caribbean | $27,000 |
| South America | $18,000 |
| North Africa | $15,000 |
| South Asia | $13,000 |
| Southeast Asia | $11,000 |
Unlock salary by role, level, and city — and compare to Rand Merchant Bank's industry peers.
Unlock Salary DataRand Merchant Bank Job Openings and Hiring Trends (2023-2026)
- Rand Merchant Bank had 3 active job postings in 2026, a 66.7% decline (-3) from 2025.
- Rand Merchant Bank had 6 active job postings in 2025, a 18.2% increase (+1) from 2024.
- Rand Merchant Bank had 5 active job postings in 2024, a 133.3% decline (-20) from 2023.
- Rand Merchant Bank had 25 active job postings in 2023, a 50.0% increase from 2022.
- Hiring velocity in 2026: 2 new roles/month, down from 4 in 2025 and 18 in 2024.
Rand Merchant Bank's hiring is slowing: active job postings fell 66.7% in 2026 to 3, with new postings per month cooling from 30 in 2023 to 2 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataRand Merchant Bank Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Rand Merchant Bank's workforce based on public professional data. Overall sentiment is neutral and has improved 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 Rand Merchant Bank
- How fast is Rand Merchant Bank growing?
- In 2026, Rand Merchant Bank's headcount grew 1.1% to 4,941 employees, up from 4,651 in 2025.
- See the full headcount history
- Where are Rand Merchant Bank employees located?
- Most Rand Merchant Bank employees are based in Sub-Saharan Africa (90.8% of headcount), followed by South Asia and Northern Europe.
- Explore where the workforce is based
- What is the average salary at Rand Merchant Bank?
- The average employee salary at Rand Merchant Bank is approximately $38.8k per year.
- Analyze the salary distribution
- How many new job postings does Rand Merchant Bank open per year?
- In Q1 2026, Rand Merchant Bank opened 7 new job postings. In 2025, Rand Merchant Bank opened 44 new job postings — about 4 per month.
- Track hiring trends by role
- When was Rand Merchant Bank founded and where is it headquartered?
- Rand Merchant Bank was founded in 1977 and is headquartered in Johannesburg, South Africa.
- Compare Rand Merchant Bank to industry peers
Speak with a workforce expert about Rand Merchant Bank.
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