Orica

ASX:ORIUnverified
Mining14,000 employees
Offshoring Summary
Figures reported in public sources at the dates shown. Current numbers may differ.

Reported Offshore Headcount

600+

reported 1 Jan 2024 โ€” Orica Global Business Services Philippines - 600+ employees

Estimated % of Workforce

~4.3%

illustrative โ€” not directly reported by the company

Destination Countries

๐Ÿ‡ต๐Ÿ‡ญ Philippines

Financial Context

Market Cap

$10.0B

Revenue

$7.6B

Net Profit

$500M

Estimated Wage Differential

~$51M/yr

CEO

Sanjeev Gandhi

CEO Total Pay

$6,500,000

CEO earns

59x the average Australian worker

avg Australian salary $110K+/yr

Illustrative wage differential: if the 600+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$51M/yr (~10.2% 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 2024, Orica was reported to have 600+ offshore contractors and staff.
  • This represents ~4.3% when compared to its current workforce of 14,000 (illustrative comparison only โ€” not directly reported by the company).
  • ๐Ÿ‡ต๐Ÿ‡ญ 600+ staff reported in Philippines in Back Office.

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
Back Office๐Ÿ‡ต๐Ÿ‡ญ Philippines600Estimated

Mining Peers

How Orica's known offshore percentage (4.3%+) compares to reviewed mining peers.

CompanyASXKnown Offshore*Offshore Destinations
Alcoa CorporationAAINone found-
Bellevue GoldBGLNone found-
BlueScope SteelBSLNone found-
Capricorn MetalsCMMNone found-
Capstone CopperCSCNone found-

What Public Sources Say

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