Worley
ASX:WORUnverifiedReported Offshore Headcount
7,000+
reported 1 Jan 2024 โ Worley India - 6,887 engineers across 8 offices
Estimated % of Workforce
~11.7%
illustrative โ not directly reported by the company
Destination Countries
Financial Context
Market Cap
$12.0B
Revenue
$10.6B
Net Profit
$500M
Estimated Wage Differential
~$595M/yr
CEO
Chris Ashton
CEO Total Pay
$4,800,000
CEO earns
44x the average Australian worker
avg Australian salary $110K+/yr
Illustrative wage differential: if the 7,000+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$595M/yr (~119% 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, Worley was reported to have 7,000+ offshore contractors and staff.
- This represents ~11.7% when compared to its current workforce of 60,000 (illustrative comparison only โ not directly reported by the company).
- ๐ฎ๐ณ 7,000+ staff reported in India 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 | ๐ฎ๐ณ India | 7,000 | Estimated |
Energy Peers
How Worley's known offshore percentage (11.7%+) compares to reviewed energy peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Ampol | ALD | None found | - |
| Beach Energy | BPT | None found | - |
| Deep Yellow | DYL | None found | - |
| EnergyAustralia | Yes, % unknown | ๐ต๐ญ Philippines | |
| Karoon Energy | KAR | 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.