Seek
ASX:SEKUnverifiedReported Offshore Headcount
1,500+
reported 1 Jan 2025 โ SEEK Asia KL - 1,500 employees in Kuala Lumpur technology hub
Estimated % of Workforce
~49%
illustrative โ not directly reported by the company
Destination Countries
Financial Context
Market Cap
$10.0B
Revenue
$1.2B
Net Profit
$250M
Estimated Wage Differential
~$128M/yr
CEO
Ian Narev
CEO Total Pay
$4,937,000
CEO earns
45x the average Australian worker
avg Australian salary $110K+/yr
Illustrative wage differential: if the 1,500+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$128M/yr (~51.2% 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 2025, Seek was reported to have 1,500+ offshore contractors and staff.
- This represents ~49% when compared to its current workforce of 3,062 (illustrative comparison only โ not directly reported by the company).
- ๐ฒ๐พ 1,500+ staff reported in Malaysia in Engineering.
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 |
|---|---|---|---|
| Engineering | ๐ฒ๐พ Malaysia | 1,500 | Estimated |
Technology Peers
How Seek's known offshore percentage (49%+) compares to reviewed technology peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Block Inc | XYZ | None found | - |
| CAR Group | CAR | None found | - |
| Catapult Sports | CAT | None found | - |
| Codan | CDA | None found | - |
| Culture Amp | 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.