How many employees work at Wave?
Wave Trust has approximately 811 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Wave's total headcount has grown 65.3% from 490 employees in 2023 to 811 in 2025.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026
Is Wave hiring right now?
Yes, Wave is actively hiring. Wave had 41 active job postings in 2025, a 108.4% decline from 2024 — see job openings & hiring trends.
About Wave's Workforce
Wave Trust is an Information Technology Services company that employs 811 people worldwide as of December 2025. It is the 3rd-largest by headcount among its peers. Founded in 1996, the company is headquartered in London, United Kingdom.
Wave's workforce has grown 65.3% from 2023 to 2025, up 25.7% year over year in 2025. Its workforce is concentrated most in India (46.0%), followed by Kenya (7.4%) and the United States (6.5%), with India, its fastest-growing location, up 18.4%.
Wave's largest functional groups are Engineering (44.5%), Finance and Operations (38.1%), and Sales and Marketing (17.4%), with Finance and Operations growing fastest (up 12.4%). Median employee tenure is 1.8 years. The average salary is $15,732, ranging from a median of $60,000 in Northern America to $5,000 in Southern Asia.
Wave's active job postings fell 108.4% in 2025 to 41, with new postings per month climbing from 25 in 2023 to 32 in 2025. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
As of December 2025
Wave
workforce metrics
Headcount
811
25.7% YoY
Avg. Salary
$15.7k
12.0% YoY
Tenure
1.8yr
0.5yr YoY
Growth Rate
25.7%
8.7pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Wave. Compare to peers, export the dataset, and access the full quarterly history.
- Wave had 811 employees in 2025, a 25.7% increase (+185) from 2024.
- Wave had 626 employees in 2024, a 16.9% increase (+98) from 2023.
- Wave had 528 employees in 2023, a 10.4% increase (+52) from 2022.
Wave's total workforce has grown from 490 employees in 2023 to 811 in 2025.
Wave Trust — quarterly employee count (2023–2025)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2025 | Q4 | 811 | +185 | +25.7% |
| 2025 | Q3 | 752 | +203 | +31.1% |
| 2025 | Q2 | 728 | +209 | +33.6% |
| 2025 | Q1 | 709 | +193 | +31.4% |
| 2024 | Q4 | 626 | +98 | +16.9% |
| 2024 | Q3 | 549 | +25 | +4.8% |
| 2024 | Q2 | 519 | +5 | +0.9% |
| 2024 | Q1 | 516 | +26 | +5.2% |
| 2023 | Q4 | 528 | +52 | +10.4% |
| 2023 | Q3 | 524 | +50 | +9.9% |
| 2023 | Q2 | 514 | +39 | +8.0% |
| 2023 | Q1 | 490 | +23 | +4.8% |
Want to see Wave's complete headcount history back to 2017, including quarterly breakdowns?
India accounts for the largest share of Wave's global workforce with approximately 46% of total employees, followed by Kenya and the United States. Wave's headcount in India is growing fastest among its major locations, up 18.4% year over year in 2025.
Wave employees by country — 2025
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| India | 371 | 46.0% | +18.4% |
| Kenya | 60 | 7.4% | +7.3% |
| United States | 53 | 6.5% | +5.5% |
| Pakistan | 36 | 4.4% | +0.1% |
| Ethiopia | 32 | 4.0% | +8.3% |
| United Kingdom | 27 | 3.3% | -23.5% |
| Nigeria | 25 | 3.1% | +1.0% |
| Indonesia | 19 | 2.3% | +0.0% |
| Egypt | 16 | 2.0% | -1.6% |
| South Africa | 16 | 2.0% | +15.3% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Wave's largest employee groups are Engineering (44.5%), Finance and Operations (38.1%), and Sales and Marketing (17.4%).
Wave employees by department — 2025
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Engineering | 355 | 44.5% | +7.4% |
| Finance and Operations | 305 | 38.1% | +12.4% |
| Sales and Marketing | 139 | 17.4% | +2.8% |
Compare Wave's department mix to industry peers.
Wave's average employee salary is $15,732 globally. Employees in Northern America receive the highest compensation, with median pay approximately 3.8x the global average. Pay is lowest in Southern Asia, at a median of $5,000.
Wave median employee salary by region — 2025 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $60,000 |
| Northern Europe | $44,000 |
| Western Europe | $43,000 |
| Eastern Asia | $37,000 |
| Arab States | $31,000 |
| Pacific Islands | $26,000 |
| Southern Europe | $17,000 |
| Southern America | $14,000 |
| Northern Africa | $9,000 |
| South-Eastern Asia | $8,000 |
| Sub-Saharan Africa | $7,000 |
| Southern Asia | $5,000 |
Unlock salary by role, level, and city — and compare to Wave's industry peers.
- Wave had 41 active job postings in 2025, a 108.4% decline (-97) from 2024.
- Wave had 138 active job postings in 2024, a 101.6% increase (+93) from 2023.
- Wave had 45 active job postings in 2023, a 85.7% increase from 2022.
- Hiring velocity in 2025: 32 new roles/month, down from 98 in 2024 and 25 in 2023. New metric
Wave's active job postings fell 108.4% in 2025 to 41, with new postings per month climbing from 25 in 2023 to 32 in 2025.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Wave's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2025.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Information Technology Services Companies by Employee Count
- How fast is Wave growing?
- In 2025, Wave's headcount grew 25.7% to 811 employees, up from 626 in 2024.
- Where are Wave employees located?
- Most Wave employees are based in India (46.0% of headcount), followed by Kenya and the United States.
- What is the average salary at Wave?
- The average employee salary at Wave is approximately $15.7k per year.
- How many people does Wave hire per year?
- In 2025, Wave opened roughly 384 new roles — about 32 per month.
- When was Wave founded and where is it headquartered?
- Wave was founded in 1996 and is headquartered in London, United Kingdom.
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