Orica
ASX:ORIUnverifiedReported 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
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).
- ๐ต๐ญ 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
| Department | Country | Headcount | Confidence |
|---|---|---|---|
| Back Office | ๐ต๐ญ Philippines | 600 | Estimated |
Mining Peers
How Orica's known offshore percentage (4.3%+) compares to reviewed mining peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Alcoa Corporation | AAI | None found | - |
| Bellevue Gold | BGL | None found | - |
| BlueScope Steel | BSL | None found | - |
| Capricorn Metals | CMM | None found | - |
| Capstone Copper | CSC | None 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.