How many employees work at Royal Bank of Canada?
Royal Bank of Canada (RY) has approximately 98,701 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Royal Bank of Canada’s total headcount has grown 7.5% from 91,826 employees in 2023 to 98,701 in 2026.
Is Royal Bank of Canada hiring right now?
Yes, Royal Bank of Canada is actively hiring. Royal Bank of Canada had 5,382 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 is a Financial Services company founded in 1864 and based in Trinity-Bellwoods, Canada, that trades on the Toronto Stock Exchange. It employs 98,701 people worldwide as of March 2026 and sits as the 4th-largest by headcount among its peers.
Royal Bank of Canada's workforce has grown 7.5% from 2023 to 2026, and is up 0.5% year over year in 2026. The headcount peaked at a low of 90,932 in 2023 Q3 before recovering, and the company’s staff are concentrated most heavily in Canada (70.1%), with the United States at 15.9% and the United Kingdom at 5.3%, while Malaysia stands out as the fastest-growing location.
Royal Bank of Canada's largest groups by function are Finance and Operations (52.7%), Engineering (27.7%), and Sales and Marketing (19.6%), with Engineering showing the strongest growth at 2.4%. The average tenure is 4.9 years, and the overall average salary is $102,339, with regional medians of $103,000 in Northern Europe and $8,000 in Southern Asia.
Royal Bank of Canada's active job postings rose 22.9% in 2026 to 5,382, with postings per month increasing from 2,888 in 2023 to 5,894 in 2026. The sentiment across the workforce is neutral and flat. The company ranks 4th by headcount among its peers in a group of 11.
Sourced from Revelio Labs workforce data.
- Ticker
- Toronto Stock Exchange: RY
- Headquarters
- Trinity-Bellwoods, Canada
- Founded
- 1864
- Industry
- Financial Services
- Employees
- 98,701
- YoY
- +0.5% (+4,012)
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 98,701 employees in 2026, a 0.5% increase (+4,012) from 2025.
- Royal Bank of Canada had 97,623 employees in 2025, a 0.3% increase (+2,825) from 2024.
- Royal Bank of Canada had 94,798 employees in 2024, a 0.2% increase (+3,552) from 2023.
- Royal Bank of Canada had 91,246 employees in 2023, a 0.5% increase (+1,570) from 2022.
Royal Bank of Canada's total workforce has grown from 91,826 employees in 2023 to 98,701 in 2026.
Royal Bank of Canada quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 98,701 | +4,012 | +0.5% |
| 2025 | Q4 | 97,623 | +2,825 | +0.3% |
| 2025 | Q3 | 96,586 | +2,411 | +0.2% |
| 2025 | Q2 | 96,669 | +2,055 | +0.2% |
| 2025 | Q1 | 94,689 | +1,248 | -0.1% |
| 2024 | Q4 | 94,798 | +3,552 | +0.2% |
| 2024 | Q3 | 94,175 | +3,243 | +0.0% |
| 2024 | Q2 | 94,614 | +2,788 | +0.0% |
| 2024 | Q1 | 93,441 | +2,574 | +0.2% |
| 2023 | Q4 | 91,246 | +1,570 | +0.5% |
| 2023 | Q3 | 90,932 | +2,815 | +1.1% |
| 2023 | Q2 | 91,826 | +4,647 | +1.8% |
See Royal Bank of Canada's complete headcount history, including quarterly breakdowns.
Get the DataRoyal Bank of Canada Employee Count by Country and Region (2026)
Canada accounts for the largest share of Royal Bank of Canada's global workforce with approximately 70% of total employees, followed by the United States and the United Kingdom. Royal Bank of Canada's headcount in Malaysia is growing fastest among its major locations, up 9.2% year over year in 2026.
Royal Bank of Canada employees by country
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Canada | 68,550 | 70.1% | +1.4% |
| United States | 15,585 | 15.9% | +0.4% |
| United Kingdom | 5,211 | 5.3% | +1.9% |
| Trinidad and Tobago | 1,421 | 1.5% | +1.4% |
| India | 1,303 | 1.3% | +0.6% |
| Malaysia | 904 | 0.9% | +9.2% |
| Bahamas | 356 | 0.4% | +0.9% |
| Jersey | 308 | 0.3% | -0.3% |
| Australia | 301 | 0.3% | +2.5% |
| Hong Kong | 269 | 0.3% | +0.6% |
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 largest employee groups are Finance and Operations (52.7%), Engineering (27.7%), and Sales and Marketing (19.6%).
Royal Bank of Canada employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 51,268 | 52.7% |
| Engineering | 26,990 | 27.7% |
| Sales and Marketing | 19,057 | 19.6% |
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 $102,339 globally. Employees in Northern Europe receive the highest compensation. Pay is lowest in Southern Asia, at a median of $8,000.
Royal Bank of Canada median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $115,000 |
| Northern Europe | $103,000 |
| Western Europe | $98,000 |
| Northern America | $88,000 |
| Eastern Asia | $86,000 |
| Southern Europe | $47,000 |
| Arab States | $41,000 |
| Eastern Europe | $32,000 |
| Central America and the Caribbean | $30,000 |
| South-Eastern Asia | $27,000 |
| Southern America | $18,000 |
| Central and Western Asia | $16,000 |
| Northern Africa | $14,000 |
| Sub-Saharan Africa | $14,000 |
| Southern Asia | $8,000 |
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 5,382 active job postings in 2026, a 22.9% increase (-465) from 2025.
- Royal Bank of Canada had 5,847 active job postings in 2025, a 43.0% increase (+2,071) from 2024.
- Royal Bank of Canada had 3,776 active job postings in 2024, a 2.3% decline (-88) from 2023.
- Royal Bank of Canada had 3,864 active job postings in 2023, a 34.1% decline from 2022.
- Hiring velocity in 2026: 5,894 new roles/month, up from 4,905 in 2025 and 3,503 in 2024.
Royal Bank of Canada's hiring is accelerating: active job postings rose 22.9% in 2026 to 5,382, with new postings per month climbing from 2,888 in 2023 to 5,894 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 0.5% to 98,701 employees, up from 94,689 in 2025.
- Where are Royal Bank of Canada employees located?
- Most Royal Bank of Canada employees are based in Canada (70.1% of headcount), followed by the United States and the United Kingdom.
- What is the average salary at Royal Bank of Canada?
- The average employee salary at Royal Bank of Canada is approximately $102.3k per year.
- How many people does Royal Bank of Canada hire per year?
- In 2026, Royal Bank of Canada opened roughly 70,728 new roles — about 5,894 per month.
- 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.
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