How many employees work at Socar?
Socar, Inc. (403550) has approximately 430 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Socar's total headcount has declined 4.7% from 451 employees in 2023 to 430 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is Socar hiring right now?
Yes, Socar is actively hiring. Socar had 21 active job postings in 2026, a 93.7% decline from 2025 — see job openings & hiring trends.
About Socar's Workforce
Socar, Inc. (403550) is a Digital Commerce Services company that employs 430 people worldwide as of March 2026. 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 4.7% from 2023 to 2026, down 2.5% year over year in 2026. It fell to a low of 430 in 2026 Q1 before recovering. Its workforce is concentrated most in South Korea (54.2%), followed by Azerbaijan (27.6%) and Georgia (8.2%), with Azerbaijan, its fastest-growing location.
Socar's largest functional groups are Finance and Operations (45.7%), Engineering (38.9%), and Sales and Marketing (15.3%). Median employee tenure is 3.1 years. The average salary is $29,154, ranging from a median of $35,000 in Sub-Saharan Africa to $15,000 in South-Eastern Asia.
Socar's active job postings fell 93.7% in 2026 to 21, with new postings per month climbing from 1 in 2023 to 12 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
As of March 2026
Socar
workforce metrics
Headcount
430
2.5% YoY
Avg. Salary
$29.2k
1.4% YoY
Tenure
3.1yr
0.2yr YoY
Growth Rate
-2.5%
2.8pts 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 430 employees in 2026, a 2.5% decline (-21) from 2025.
- Socar had 441 employees in 2025, a 0.2% increase (-9) from 2024.
- Socar had 450 employees in 2024, a 0.7% increase (-1) from 2023.
- Socar had 451 employees in 2023, a 0.9% increase (-7) from 2022.
Socar's total workforce has declined from 451 employees in 2023 to 430 in 2026. Socar's headcount peaked at 456 in 2024.
Socar, Inc. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 430 | -21 | -2.5% |
| 2025 | Q4 | 441 | -9 | +0.2% |
| 2025 | Q3 | 441 | -9 | -0.3% |
| 2025 | Q2 | 454 | +1 | +0.3% |
| 2025 | Q1 | 451 | -5 | +0.3% |
| 2024 | Q4 | 450 | -1 | +0.7% |
| 2024 | Q3 | 450 | +2 | +2.3% |
| 2024 | Q2 | 453 | +2 | +2.8% |
| 2024 | Q1 | 456 | +0 | +2.2% |
| 2023 | Q4 | 451 | -7 | +0.9% |
| 2023 | Q3 | 448 | -7 | +0.3% |
| 2023 | Q2 | 451 | +7 | +2.4% |
Want to see Socar's complete headcount history back to 2008, including quarterly breakdowns?
South Korea accounts for the largest share of Socar's global workforce with approximately 54% of total employees, followed by Azerbaijan and Georgia.
Socar employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| South Korea | 231 | 54.2% | -6.0% |
| Azerbaijan | 117 | 27.6% | +0.5% |
| Georgia | 35 | 8.2% | +0.0% |
| Burundi | 8 | 1.9% | +0.0% |
| Ukraine | 5 | 1.2% | +0.0% |
| Malaysia | 5 | 1.1% | +0.0% |
| Turkey | 5 | 1.1% | +0.0% |
| United States | 4 | 0.9% | +0.0% |
| Tunisia | 2 | 0.4% | +0.0% |
| Switzerland | 1 | 0.3% | -61.1% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Socar's largest employee groups are Finance and Operations (45.7%), Engineering (38.9%), and Sales and Marketing (15.3%).
Socar employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 183 | 45.7% | -3.1% |
| Engineering | 156 | 38.9% | -5.4% |
| Sales and Marketing | 61 | 15.3% | -4.1% |
Compare Socar's department mix to industry peers.
Socar's average employee salary is $29,154 globally. Employees in Sub-Saharan Africa receive the highest compensation, with median pay approximately 1.2x the global average. Pay is lowest in South-Eastern Asia, at a median of $15,000.
Socar median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $60,000 |
| Western Europe | $45,000 |
| Sub-Saharan Africa | $35,000 |
| Eastern Asia | $30,000 |
| Eastern Europe | $25,000 |
| Central America and the Caribbean | $21,000 |
| 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 21 active job postings in 2026, a 93.7% decline (-9) from 2025.
- 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 2026: 12 new roles/month, down from 19 in 2025 and 16 in 2024. New metric
Socar's active job postings fell 93.7% in 2026 to 21, with new postings per month climbing from 1 in 2023 to 12 in 2026.
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 neutral and has declined year over year in 2026.
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 2026, Socar's headcount shrank 2.5% to 430 employees, down from 451 in 2025.
- Where are Socar employees located?
- Most Socar employees are based in South Korea (54.2% of headcount), followed by Azerbaijan and Georgia.
- What is the average salary at Socar?
- The average employee salary at Socar is approximately $29.2k per year.
- How many people does Socar hire per year?
- In 2026, Socar opened roughly 144 new roles — about 12 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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