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Note 8 Employee benefits


Salaries, wages and other employee benefits

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In € millions

 

 

 

2008

2007

 

 

 

Salaries and wages

(2,322)

(1,685)

Pension and other post-retirement cost

(242)

(180)

Other social charges

(458)

(350)

 

 

 

Total

(3,022)

(2,215)

Employees

 

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Average number during the year

 

 

 

2008

2007

 

 

 

Decorative Paints

24,600

11,000

Performance Coatings

21,000

20,000

Specialty Chemicals

12,900

8,800

Corporate and other

2,800

3,200

 

 

 

Total

61,300

43,000

Number of employees at year-end 2008 was 60,040 (2007: 43,000). The average number of employees working outside the Netherlands was 56,300 (2007: 38,100). The 2007 figures were reclassified for comparative presentation.

Salaries, wages and other employee benefits per cost category

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In € millions

 

 

2008

 

 

Cost of sales

(956)

Selling expenses

(1,030)

General and administrative expenses

(216)

Research and development expenses

(656)

Other operating income/(expenses)

(164)

 

 

Total

(3,022)

Share-based compensation

Share-based compensation relates to the performance-related share plan as well as the performance-related stock option plan. Charges recognized in the 2008 statement of income for share-based compensation amounted to €20 million and are included in salaries and wages (2007: €21 million).

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