9.Personnel Expenses and Employee Numbers
Personnel expenses consisted of the following:
|
|
|
|
|
|
|
2020 |
|
2021 |
|---|---|---|---|---|
|
|
€ million |
|
€ million |
Salaries |
|
(1,341) |
|
(1,895) |
Social expenses and expenses for pensions and other benefits |
|
(382) |
|
(403) |
of which for defined contribution pension plans |
|
(95) |
|
(111) |
of which for defined benefit and other pension plans |
|
(122) |
|
(115) |
Total |
|
(1,723) |
|
(2,298) |
In 2021, personnel expenses rose chiefly on account of higher expenses for short-term variable compensation as part of the Group’s Covestro Profit Sharing Plan (Covestro PSP) and the increased number of employees resulting from the acquisition of the Resins & Functional Materials (RFM) business from Koninklijke DSM N.V., Heerlen (Netherlands), on April 1, 2021.
|
|
|
|
|
|
|
2020 |
|
2021 |
|---|---|---|---|---|
Production |
|
10,885 |
|
11,349 |
Marketing and distribution |
|
3,181 |
|
3,257 |
Research and development |
|
1,213 |
|
1,421 |
General administration |
|
1,457 |
|
1,530 |
Total |
|
16,736 |
|
17,557 |
Employees in vocational training |
|
514 |
|
530 |
The number of permanent or temporary employees is stated in full-time equivalents (FTEs). Part-time employees are included on a pro-rated basis in line with their contractual working hours. The figures do not include employees in vocational training.