How many employees work at Royal Bank of Canada?
Royal Bank of Canada (RY) has approximately 98,872 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Royal Bank of Canada’s total headcount has grown 9.5% from 90,293 employees in 2023 to 98,872 in 2026.
Is Royal Bank of Canada hiring right now?
Yes, Royal Bank of Canada is actively hiring. Royal Bank of Canada had 5,377 active job postings in 2026, a 22.9% increase from 2025 — see job openings & hiring trends.
About Royal Bank of Canada’s Workforce
Royal Bank of Canada (RY) is a Financial Services company that employs 98,872 people worldwide as of March 2026. It is the 4th-largest by headcount among its peers. Founded in 1864, the company is headquartered in Trinity-Bellwoods, Canada and trades on the Toronto Stock Exchange.
Royal Bank of Canada's workforce has grown 9.5% from 2023 to 2026, up 0.6% year over year in 2026. It fell to a low of 89,281 in 2023 Q3 before recovering. Its workforce is concentrated most in North America (87.6%), followed by Northern Europe (5.9%) and Central America and the Caribbean (2.5%).
Royal Bank of Canada's functional groups are Finance and Operations (52.8%), Engineering (27.9%), and Sales and Marketing (19.3%), with Engineering growing fastest (up 3.1%). The average salary is $104,940, ranging from a median of $106,000 in Western Europe to $28,000 in Southeast Asia, up 0.6% year over year in 2026.
Royal Bank of Canada's active job postings rose 22.9% in 2026 to 5,377, with new postings per month climbing from 2,888 in 2023 to 5,903 in 2026. Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Ticker
- Toronto Stock Exchange: RY
- Headquarters
- Trinity-Bellwoods, Canada
- Founded
- 1864
- Industry
- Financial Services
- Employees
- 98,872
- YoY
- +0.6% (+4,975)
As of March 2026
Royal Bank of Canada workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Royal Bank of Canada. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsRoyal Bank of Canada Annual Employee Count (2023-2026)
- Royal Bank of Canada had 98,872 employees in 2026, a 0.6% increase (+4,975) from 2025.
- Royal Bank of Canada had 97,542 employees in 2025, a 0.4% increase (+3,576) from 2024.
- Royal Bank of Canada had 93,966 employees in 2024, a 0.2% increase (+4,275) from 2023.
- Royal Bank of Canada had 89,691 employees in 2023, a 0.6% increase (+1,844) from 2022.
Royal Bank of Canada's total workforce has grown from 90,293 employees in 2023 to 98,872 in 2026.
Royal Bank of Canada quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 98,872 | +4,975 | +0.6% |
| 2025 | Q4 | 97,542 | +3,576 | +0.4% |
| 2025 | Q3 | 96,212 | +3,084 | +0.3% |
| 2025 | Q2 | 96,315 | +2,673 | +0.2% |
| 2025 | Q1 | 93,897 | +1,642 | -0.1% |
| 2024 | Q4 | 93,966 | +4,275 | +0.2% |
| 2024 | Q3 | 93,128 | +3,847 | +0.1% |
| 2024 | Q2 | 93,642 | +3,349 | +0.1% |
| 2024 | Q1 | 92,255 | +3,024 | +0.3% |
| 2023 | Q4 | 89,691 | +1,844 | +0.6% |
| 2023 | Q3 | 89,281 | +3,265 | +1.3% |
| 2023 | Q2 | 90,293 | +5,467 | +2.1% |
See Royal Bank of Canada's complete headcount history, including quarterly breakdowns.
Get the DataRoyal Bank of Canada Employee Count by Region (2026)
North America accounts for the largest share of Royal Bank of Canada's global workforce with approximately 88% of total employees, followed by Northern Europe and Central America and the Caribbean.
Royal Bank of Canada employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 85,767 | 87.6% |
| Northern Europe | 5,758 | 5.9% |
| Central America and the Caribbean | 2,400 | 2.5% |
| Southeast Asia | 1,385 | 1.4% |
| Western Europe | 689 | 0.7% |
| South Asia | 566 | 0.6% |
| East Asia | 360 | 0.4% |
| Pacific Islands | 317 | 0.3% |
| Sub-Saharan Africa | 279 | 0.3% |
| South America | 102 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataRoyal Bank of Canada Employee Count by Department (2026)
Royal Bank of Canada's employee groups are Finance and Operations (52.8%), Engineering (27.9%), and Sales and Marketing (19.3%).
Royal Bank of Canada employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 51,872 | 52.8% |
| Engineering | 27,409 | 27.9% |
| Sales and Marketing | 18,995 | 19.3% |
Compare Royal Bank of Canada's department mix to industry peers.
See Full DataRoyal Bank of Canada Employee Salary by Region (2026)
Royal Bank of Canada's average employee salary is $104,940 globally. Employees in Western Europe receive the highest compensation. Pay is lowest in Southeast Asia, at a median of $28,000.
Royal Bank of Canada median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $119,000 |
| Western Europe | $106,000 |
| Northern Europe | $104,000 |
| East Asia | $92,000 |
| North America | $89,000 |
| Southern Europe | $45,000 |
| Arab States | $41,000 |
| Eastern Europe | $35,000 |
| Central America and the Caribbean | $30,000 |
| Southeast Asia | $28,000 |
| Central and Western Asia | $24,000 |
| South America | $21,000 |
| North Africa | $18,000 |
| Sub-Saharan Africa | $14,000 |
| South Asia | $10,000 |
Unlock salary by role, level, and city — and compare to Royal Bank of Canada's industry peers.
Unlock Salary DataRoyal Bank of Canada Job Openings and Hiring Trends (2023-2026)
- Royal Bank of Canada had 5,377 active job postings in 2026, a 22.9% increase (-458) from 2025.
- Royal Bank of Canada had 5,835 active job postings in 2025, a 42.7% increase (+2,053) from 2024.
- Royal Bank of Canada had 3,782 active job postings in 2024, a 2.1% decline (-81) from 2023.
- Royal Bank of Canada had 3,863 active job postings in 2023, a 34.1% decline from 2022.
- Hiring velocity in 2026: 5,903 new roles/month, up from 4,908 in 2025 and 3,505 in 2024.
Royal Bank of Canada's hiring is accelerating: active job postings rose 22.9% in 2026 to 5,377, with new postings per month climbing from 2,888 in 2023 to 5,903 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataRoyal Bank of Canada Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Royal Bank of Canada'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.
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Frequently Asked Questions About Royal Bank of Canada
- How fast is Royal Bank of Canada growing?
- In 2026, Royal Bank of Canada's headcount grew 0.6% to 98,872 employees, up from 93,897 in 2025.
- See the full headcount history
- Where are Royal Bank of Canada employees located?
- Most Royal Bank of Canada employees are based in North America (87.6% of headcount), followed by Northern Europe and Central America and the Caribbean.
- Explore where the workforce is based
- What is the average salary at Royal Bank of Canada?
- The average employee salary at Royal Bank of Canada is approximately $104.9k per year.
- Analyze the salary distribution
- How many new job postings does Royal Bank of Canada open per year?
- In Q1 2026, Royal Bank of Canada opened 17,709 new job postings. In 2025, Royal Bank of Canada opened 58,891 new job postings — about 4,908 per month.
- Track hiring trends by role
- When was Royal Bank of Canada founded and where is it headquartered?
- Royal Bank of Canada was founded in 1864 and is headquartered in Trinity-Bellwoods, Canada.
- Compare Royal Bank of Canada to industry peers
Speak with a workforce expert about Royal Bank of Canada.
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