How many employees work at The Savings Bank Mutual?
The Savings Bank Mutual Life Insurance Co. of Massachusetts has approximately 324 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. The Savings Bank Mutual’s total headcount has grown 4.2% from 311 employees in 2023 to 324 in 2026.
Is The Savings Bank Mutual hiring right now?
Yes, The Savings Bank Mutual is actively hiring. The Savings Bank Mutual had 7 active job postings in 2026, a 0.0% no change from 2025 — see job openings & hiring trends.
About The Savings Bank Mutual’s Workforce
The Savings Bank Mutual Life Insurance Co. of Massachusetts is a Financial Services company based in Woburn, Massachusetts, founded in 1907. It has 324 employees as of March 2026 and ranks 11th by headcount among its peers.
The Savings Bank Mutual's workforce has grown 4.2% from 2023 to 2025, with a year-over-year increase of 1.1% in 2026. Its headcount peaked earlier in the period and then stabilized, reporting a current level of 324. The company’s headcount is geographically concentrated, with 88.9% in the United States, 4.1% in India, and 1.7% in Bangladesh, and Canada identified as its fastest-growing location.
The Savings Bank Mutual's largest groups by headcount are Finance and Operations (48.5%), Engineering (33.1%), and Sales and Marketing (18.3%), with Finance and Operations the fastest-growing group at 0.7% year over year. The average tenure across employees is 4.8 years. The average salary is $97,573, with regional medians of $99,000 in Northern America and $8,000 in Southern Asia.
The Savings Bank Mutual's hiring activity held flat in 2026, with postings year over year unchanged at 0% and seven postings currently open. Hiring velocity has trended downward from 2024 and 2023, which saw six postings per month in each of those years, slowing slightly to two postings per month in 2026. Overall employee sentiment is negative but improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- Woburn, Massachusetts
- Founded
- 1907
- Industry
- Financial Services
- Employees
- 324
- YoY
- +1.1% (+0)
As of March 2026
The Savings Bank Mutual workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for The Savings Bank Mutual. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsThe Savings Bank Mutual Annual Employee Count (2023-2026)
- The Savings Bank Mutual had 324 employees in 2026, a 1.1% increase from 2025.
- The Savings Bank Mutual had 325 employees in 2025, a 1.0% increase (+2) from 2024.
- The Savings Bank Mutual had 323 employees in 2024, a 1.0% decline (+12) from 2023.
- The Savings Bank Mutual had 311 employees in 2023, a 1.4% decline (-6) from 2022.
The Savings Bank Mutual's total workforce has grown from 311 employees in 2023 to 324 in 2026.
The Savings Bank Mutual Life Insurance Co. of Massachusetts quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 324 | +0 | +1.1% |
| 2025 | Q4 | 325 | +2 | +1.0% |
| 2025 | Q3 | 324 | +3 | -0.3% |
| 2025 | Q2 | 326 | +12 | -0.0% |
| 2025 | Q1 | 324 | +12 | -0.4% |
| 2024 | Q4 | 323 | +12 | -1.0% |
| 2024 | Q3 | 321 | +12 | -0.1% |
| 2024 | Q2 | 314 | +3 | -1.4% |
| 2024 | Q1 | 312 | -5 | -1.5% |
| 2023 | Q4 | 311 | -6 | -1.4% |
| 2023 | Q3 | 309 | -4 | -1.4% |
| 2023 | Q2 | 311 | +3 | +0.5% |
See The Savings Bank Mutual's complete headcount history, including quarterly breakdowns.
Get the DataThe Savings Bank Mutual Employee Count by Country and Region (2026)
The United States accounts for the largest share of The Savings Bank Mutual's global workforce with approximately 89% of total employees, followed by India and Bangladesh. The Savings Bank Mutual's headcount in Canada is growing fastest among its major locations, up 28.0% year over year in 2026.
The Savings Bank Mutual employees by country
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United States | 283 | 88.9% | -1.3% |
| India | 13 | 4.1% | +0.0% |
| Bangladesh | 6 | 1.7% | +0.0% |
| Brazil | 3 | 1.0% | +0.0% |
| Canada | 3 | 1.0% | +28.0% |
| Kenya | 2 | 0.7% | +0.0% |
| Taiwan | 1 | 0.4% | +0.0% |
| United Arab Emirates | 1 | 0.4% | +0.0% |
| Philippines | 1 | 0.4% | +0.0% |
| Egypt | 1 | 0.3% | +0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataThe Savings Bank Mutual Employee Count by Department (2026)
The Savings Bank Mutual's largest employee groups are Finance and Operations (48.5%), Engineering (33.1%), and Sales and Marketing (18.3%).
The Savings Bank Mutual employees by department
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 155 | 48.5% | +0.7% |
| Engineering | 106 | 33.1% | -1.2% |
| Sales and Marketing | 59 | 18.3% | -2.4% |
Compare The Savings Bank Mutual's department mix to industry peers.
See Full DataThe Savings Bank Mutual Employee Salary by Region (2026)
The Savings Bank Mutual's average employee salary is $97,573 globally. Employees in Northern America receive the highest compensation. Pay is lowest in Southern Asia, at a median of $8,000.
The Savings Bank Mutual median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern America | $99,000 |
| Southern Asia | $8,000 |
Unlock salary by role, level, and city — and compare to The Savings Bank Mutual's industry peers.
Unlock Salary DataThe Savings Bank Mutual Job Openings and Hiring Trends (2023-2026)
- The Savings Bank Mutual had 7 active job postings in 2026, a 0% no change (+3) from 2025.
- The Savings Bank Mutual had 4 active job postings in 2025, a 54.5% decline (-3) from 2024.
- The Savings Bank Mutual had 7 active job postings in 2024, a 15.4% increase (+1) from 2023.
- The Savings Bank Mutual had 6 active job postings in 2023, a 114.3% decline from 2022.
- Hiring velocity in 2026: 2 new roles/month, down from 3 in 2025 and 6 in 2024.
The Savings Bank Mutual's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataThe Savings Bank Mutual Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across The Savings Bank Mutual's workforce based on public professional data. Overall sentiment is negative and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
Similar Financial Services Companies by Employee Count
Frequently Asked Questions About The Savings Bank Mutual
- How fast is The Savings Bank Mutual growing?
- In 2026, The Savings Bank Mutual's headcount grew 1.1% to 324 employees.
- Where are The Savings Bank Mutual employees located?
- Most The Savings Bank Mutual employees are based in the United States (88.9% of headcount), followed by India and Bangladesh.
- What is the average salary at The Savings Bank Mutual?
- The average employee salary at The Savings Bank Mutual is approximately $97.6k per year.
- How many people does The Savings Bank Mutual hire per year?
- In 2026, The Savings Bank Mutual opened roughly 24 new roles — about 2 per month.
- When was The Savings Bank Mutual founded and where is it headquartered?
- The Savings Bank Mutual was founded in 1907 and is headquartered in Woburn, Massachusetts.
Speak with a workforce expert about The Savings Bank Mutual.
Book a DemoSee something that doesn't look right? Reach out and our team will review it.