AGL Energy
ASX:AGLPartialEstimated % of Workforce
~3.4%
illustrative — not directly reported by the company
Destination Countries
Financial Context
Market Cap
$13.0B
Revenue
$13.0B
Net Profit
$700M
Estimated Wage Differential
~$13M/yr
CEO
Damien Nicks
CEO Total Pay
$3,874,000
CEO earns
35x the average Australian worker
avg Australian salary $110K+/yr
Illustrative wage differential: if the 155+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$13M/yr (~1.9% of reported net profit). This is an estimate based on industry averages, not company-specific data.
Would this company be profitable without offshoring?
Financial data: FY2024. Estimate uses avg AU cost of $110,000+/yr (salary only, excluding super, office, recruitment) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.
In Plain English
- In 2010, AGL Energy was reported to have 155+ offshore contractors and staff.
- This represents ~3.4% when compared to its current workforce of 4,560 (illustrative comparison only — not directly reported by the company).
Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.
Utilities Peers
How AGL Energy's known offshore percentage (3.4%+) compares to reviewed utilities peers.
What Public Sources Say
All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.
“IAG (8.5 million customers) outsources at least part of their contact centre in 2025.”