How many employees does REC have?
REC Ltd. (532955) has approximately 2,805 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. REC’s total headcount has grown 29.6% from 2,164 employees in 2023 to 2,805 in 2026.
About REC’s Workforce
REC Ltd. (532955) is a Financial Services company that employs 2,805 people worldwide as of June 2026. It is the 10th-largest by headcount among its peers. Founded in 1969, the company is headquartered in Gurgaon, India and trades on the BSE India Ltd..
REC's workforce has grown 29.6% from 2023 to 2026, though it is down 3.4% year over year in 2026. It fell to a low of 2,158 in 2023 Q4 before recovering. Its workforce is concentrated most in South Asia (99.5%), followed by North America (0.2%) and Sub-Saharan Africa (0.1%).
REC's groups are Finance and Operations (41.5%), Sales and Marketing (30.0%), and Engineering (28.5%), with Finance and Operations growing fastest (up 6.2%). The average salary is $8,893, rising 3.9% year over year in 2026, with a regional spread that includes a median of $81,000 in North America and $6,000 in South Asia.
REC's overall sentiment is neutral and flat. The company sits at the 10th position by headcount among 11 peers. An unusually geographically concentrated workforce, the bulk of it in South Asia, stands out as its distinctive trait.
Sourced from Revelio Labs workforce data.
- Ticker
- BSE India Ltd.: 532955
- Headquarters
- Gurgaon, India
- Founded
- 1969
- Industry
- Financial Services
- Employees
- 2,805
- YoY
- -3.4% (-1)
As of June 2026
REC workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for REC. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsREC Annual Employee Count (2023-2026)
- REC had 2,805 employees in 2026, a 3.4% decline (-1) from 2025.
- REC had 2,728 employees in 2025, a 0.2% increase (-16) from 2024.
- REC had 2,744 employees in 2024, a 12.2% increase (+586) from 2023.
- REC had 2,158 employees in 2023, a 1.1% increase (+238) from 2022.
REC's total workforce has grown from 2,164 employees in 2023 to 2,805 in 2026.
REC Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 2,805 | -1 | -3.4% |
| 2026 | Q1 | 2,706 | -92 | -3.2% |
| 2025 | Q4 | 2,728 | -16 | +0.2% |
| 2025 | Q3 | 2,725 | +105 | +4.9% |
| 2025 | Q2 | 2,806 | +237 | +5.9% |
| 2025 | Q1 | 2,798 | +579 | +12.6% |
| 2024 | Q4 | 2,744 | +586 | +12.2% |
| 2024 | Q3 | 2,620 | +456 | +8.6% |
| 2024 | Q2 | 2,569 | +524 | +10.8% |
| 2024 | Q1 | 2,219 | +275 | +4.3% |
| 2023 | Q4 | 2,158 | +238 | +1.1% |
| 2023 | Q3 | 2,164 | +247 | +1.7% |
See REC's complete headcount history, including quarterly breakdowns.
Get the DataREC Employee Count by Region (2026)
South Asia accounts for the largest share of REC's global workforce with approximately 100% of total employees, followed by North America and Sub-Saharan Africa.
REC employees by region
| Region | Employees | % of Total |
|---|---|---|
| South Asia | 2,786 | 99.5% |
| North America | 5 | 0.2% |
| Sub-Saharan Africa | 4 | 0.1% |
| South America | 3 | 0.1% |
| Northern Europe | 2 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataREC Employee Count by Department (2026)
REC's employee groups are Finance and Operations (41.5%), Sales and Marketing (30.0%), and Engineering (28.5%).
REC employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 1,162 | 41.5% |
| Sales and Marketing | 841 | 30.0% |
| Engineering | 799 | 28.5% |
Compare REC's department mix to industry peers.
See Full DataREC Employee Salary by Region (2026)
REC's average employee salary is $8,893 globally. Employees in North America receive the highest compensation, with median pay approximately 9.1x the global average. Pay is lowest in South Asia, at a median of $6,000.
REC median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $81,000 |
| Sub-Saharan Africa | $9,000 |
| South Asia | $6,000 |
Unlock salary by role, level, and city — and compare to REC's industry peers.
Unlock Salary DataREC Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across REC's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About REC
- How fast is REC growing?
- In 2026, REC's headcount shrank 3.4% to 2,805 employees, down from 2,806 in 2025.
- See the full headcount history
- Where are REC employees located?
- Most REC employees are based in South Asia (99.5% of headcount), followed by North America and Sub-Saharan Africa.
- Explore where the workforce is based
- How many people work at REC in South Asia?
- About 2,786 people work at REC in South Asia, its largest region.
- See headcount by region
- What is the average salary at REC?
- The average employee salary at REC is approximately $8.9k per year.
- Analyze the salary distribution
- When was REC founded and where is it headquartered?
- REC was founded in 1969 and is headquartered in Gurgaon, India.
- Compare REC to industry peers
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