Skip to website navigation Skip to article navigation Skip to content

A page refresh occures when a subject is selected.

Skip article navigation.

3. Notes

12. Employee benefit expense

12. Employee benefit expense

€ million

Note

2020

2019

Wages and salaries

 

904

862

Social security costs

 

136

124

Post-employment benefits – defined benefit plans

33

65

60

Post-employment benefits – defined contribution plans

 

46

48

Share-based payments to employees and directors

28

81

69

Insurance

 

31

71

Other employee benefits

 

53

59

Total employee benefit expense

 

1 316

1 293

The total employee benefit expense has been allocated along functional lines within the income statement.

Other employee benefits consist mainly of termination benefits, severance payments, and other long-term/short-term disability benefits.

Headcount at December 31

2020

2019

Hourly Paid

0

0

Monthly Paid

2 986

2 891

Management

5 423

4 715

Total

8 409

7 606

Further information regarding post-employment benefits and share-based payments can be found in Note 28 and Note 33 .