How many employees work at Socar?
Socar, Inc. (403550) has approximately 511 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Socar's total headcount has declined 4.8% from 537 employees in 2023 to 511 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is Socar hiring right now?
Yes, Socar is actively hiring. Socar had 30 active job postings in 2025, a 71.0% decline from 2024 — see job openings & hiring trends.
About Socar's Workforce
Socar, Inc. (403550) is a Digital Commerce Services company that employs 511 people worldwide as of December 2025. It is the 11th-largest by headcount among its peers. Founded in 2011, the company is headquartered in South Korea and trades on the Korea KRX Exchange.
Socar's workforce has declined 4.8% from 2023 to 2025, down 2.5% year over year in 2025. It fell to a low of 507 in 2025 Q3 before recovering. Socar's active job postings fell 71.0% in 2025 to 30, with new postings per month climbing from 1 in 2023 to 19 in 2025. Its workforce is concentrated most in South Korea (53.0%), followed by Azerbaijan (31.0%) and Georgia (7.2%), with Azerbaijan, its fastest-growing location, up 1.6%.
Socar's largest functional groups are Finance and Operations (45.8%), Engineering (38.9%), and Sales and Marketing (15.3%), with Engineering growing fastest (up 0.8%). Median employee tenure is 3.3 years. The average salary is $27,900, ranging from a median of $35,000 in Sub-Saharan Africa to $15,000 in South-Eastern Asia.
Socar's sentiment is positive but declining. It is based in South Korea, Azerbaijan, Georgia, Burundi, Ukraine, Malaysia, Switzerland, and Turkey, with top country shares and growth patterns reflecting a diverse, multi-country workforce; Azerbaijan is the fastest-growing locale.
Sourced from Revelio Labs workforce data.
As of December 2025
Socar
workforce metrics
Headcount
511
2.5% YoY
Avg. Salary
$27.9k
2.2% YoY
Tenure
3.3yr
0.3yr YoY
Growth Rate
-2.5%
1.7pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Socar. Compare to peers, export the dataset, and access the full quarterly history.
- Socar had 511 employees in 2025, a 2.5% decline (-13) from 2024.
- Socar had 524 employees in 2024, a 0.8% decline (-5) from 2023.
- Socar had 529 employees in 2023, a 1.6% decline (-8) from 2022.
Socar's total workforce has grown from 507 employees in 2025 to 511 in 2025. Socar's headcount peaked at 537 in 2023 before declining in 2025 and recovering through 2025.
Socar, Inc. — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 511 | -13 | -2.5% |
| 2025 | Q3 | 507 | -23 | -4.4% |
| 2025 | Q2 | 526 | -5 | -0.9% |
| 2025 | Q1 | 526 | -8 | -1.5% |
| 2024 | Q4 | 524 | -5 | -0.8% |
| 2024 | Q3 | 530 | +5 | +0.8% |
| 2024 | Q2 | 531 | +2 | +0.4% |
| 2024 | Q1 | 534 | -3 | -0.6% |
| 2023 | Q4 | 529 | -8 | -1.6% |
| 2023 | Q3 | 525 | -11 | -2.1% |
| 2023 | Q2 | 529 | +4 | +0.7% |
| 2023 | Q1 | 537 | +22 | +4.2% |
Want to see Socar's complete headcount history back to 2017, including quarterly breakdowns?
South Korea accounts for the largest share of Socar's global workforce with approximately 53% of total employees, followed by Azerbaijan and Georgia. Socar's headcount in Azerbaijan is growing fastest among its major locations, up 1.6% year over year in 2025.
Socar employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| South Korea | 276 | 53.0% | -0.9% |
| Azerbaijan | 162 | 31.0% | +1.6% |
| Georgia | 38 | 7.2% | +0.0% |
| Burundi | 9 | 1.8% | +0.0% |
| Ukraine | 6 | 1.1% | +0.0% |
| Malaysia | 6 | 1.1% | +0.0% |
| Switzerland | 4 | 0.7% | -52.6% |
| Turkey | 3 | 0.6% | +0.0% |
| Romania | 2 | 0.4% | +0.0% |
| Tunisia | 2 | 0.4% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Socar's largest employee groups are Finance and Operations (45.8%), Engineering (38.9%), and Sales and Marketing (15.3%).
Socar employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 223 | 45.8% | -0.2% |
| Engineering | 190 | 38.9% | +0.8% |
| Sales and Marketing | 75 | 15.3% | -7.4% |
Compare Socar's department mix to industry peers.
Socar's average employee salary is $27,900 globally. Employees in Sub-Saharan Africa receive the highest compensation, with median pay approximately 1.3x the global average. Pay is lowest in South-Eastern Asia, at a median of $15,000.
Socar median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $61,000 |
| Western Europe | $46,000 |
| Sub-Saharan Africa | $35,000 |
| Eastern Asia | $30,000 |
| Central America and the Caribbean | $25,000 |
| Southern Europe | $23,000 |
| Eastern Europe | $22,000 |
| Southern America | $20,000 |
| Central and Western Asia | $16,000 |
| South-Eastern Asia | $15,000 |
| Northern Africa | $4,000 |
Unlock salary by role, level, and city — and compare to Socar's industry peers.
- Socar had 30 active job postings in 2025, a 71.0% decline (-33) from 2024.
- Socar had 63 active job postings in 2024, a 193.8% increase (+62) from 2023.
- Socar had 1 active job postings in 2023, a 0% no change from 2022.
- Hiring velocity in 2025: 19 new roles/month, up from 16 in 2024 and 1 in 2023. New metric
Socar's active job postings fell 71.0% in 2025 to 30, with new postings per month climbing from 1 in 2023 to 19 in 2025.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Socar's workforce based on public professional data. Overall sentiment is positive and has declined year over year in 2025.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Digital Commerce Services Companies by Employee Count
- How fast is Socar growing?
- In 2025, Socar's headcount shrank 2.5% to 511 employees, down from 524 in 2024.
- Where are Socar employees located?
- Most Socar employees are based in South Korea (53.0% of headcount), followed by Azerbaijan and Georgia.
- What is the average salary at Socar?
- The average employee salary at Socar is approximately $27.9k per year.
- How many people does Socar hire per year?
- In 2025, Socar opened roughly 228 new roles — about 19 per month.
- When was Socar founded and where is it headquartered?
- Socar was founded in 2011 and is headquartered in South Korea.
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