Cochlear

ASX:COH

Hearing implant manufacturer. Global leader in cochlear implants. 400+ shared services staff in Malaysia.

Offshoring Summary
Figures reported in public sources at the dates shown. Current numbers may differ.

Reported Offshore Headcount

400+

reported 1 Jan 2022Cochlear Modern Slavery Statement

Estimated % of Workforce

N/A

Destination Countries

🇲🇾 Malaysia

Financial Context

Market Cap

$20.0B

Revenue

$2.3B

Net Profit

$389M

Estimated Wage Differential

~$34M/yr

Illustrative wage differential: if the 400+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$34M/yr (~8.7% of reported net profit). This is an estimate based on industry averages, not company-specific data.

Would this company be profitable without offshoring?

Every dollar paid offshore leaves the Australian economy — reducing local wages, tax receipts, and economic circulation. Why it matters

Financial data: FY2025. Estimate uses avg AU employment cost of $110,000+/yr (incl. super and on-costs) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.

In Plain English

  • In 2022, Cochlear was reported to have 400+ offshore contractors and staff.
  • 🇲🇾 400+ staff reported in Malaysia in Other.

Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.

Department Breakdown

DepartmentCountryHeadcountConfidence
Other🇲🇾 Malaysia400Estimated

Other Healthcare Companies That Offshore

Other companies in healthcare with reported offshore operations.

CompanyASXReported OffshoreOffshore Destinations
AnsellANN300+
🇲🇾 Malaysia
ResMedRMD200+
🇮🇳 India

What Public Sources Say

All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.

Additional Sources

Modern Slavery StatementCochlear Modern Slavery Statement30 Jun 2025

This profile is based on publicly available information at the time of publication. It may not reflect current operations and should not be treated as a complete picture. We publish what we can verify — not everything that exists.

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