Seek

ASX:SEKUnverified
Technology3,062 employees
Offshoring Summary
Figures reported in public sources at the dates shown. Current numbers may differ.

Reported 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

๐Ÿ‡ฒ๐Ÿ‡พ Malaysia

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).
  • ๐Ÿ‡ฒ๐Ÿ‡พ 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

DepartmentCountryHeadcountConfidence
Engineering๐Ÿ‡ฒ๐Ÿ‡พ Malaysia1,500Estimated

Technology Peers

How Seek's known offshore percentage (49%+) compares to reviewed technology peers.

CompanyASXKnown Offshore*Offshore Destinations
Block IncXYZNone found-
CAR GroupCARNone found-
Catapult SportsCATNone found-
CodanCDANone found-
Culture AmpNone 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.