11.Personnel Expenses and Employee Numbers
Personnel expenses in fiscal 2020 were comprised as shown in the following table:
|
|
|
|
|
|
|
2019 |
|
2020 |
|---|---|---|---|---|
|
|
€ million |
|
€ million |
Salaries |
|
(1,388) |
|
(1,341) |
Social expenses and expenses for pensions and other benefits |
|
(374) |
|
(382) |
of which for defined contribution pension plans |
|
(96) |
|
(95) |
of which for defined benefit and other pension plans |
|
(107) |
|
(122) |
Total |
|
(1,762) |
|
(1,723) |
Personnel expenses decreased in fiscal 2020 primarily due to the lower headcount, a decline in expenses associated with the Perspective efficiency program, and lower expenses for short-term variable compensation under the Group-wide Covestro Profit Sharing Plan (Covestro PSP).
|
|
|
|
|
|
|
2019 |
|
2020 |
|---|---|---|---|---|
Production |
|
10,955 |
|
10,885 |
Marketing and distribution |
|
3,438 |
|
3,181 |
Research and development |
|
1,210 |
|
1,213 |
General administration |
|
1,539 |
|
1,457 |
Total |
|
17,142 |
|
16,736 |
Employees in vocational training |
|
515 |
|
514 |
The number of employees on either permanent or temporary contracts is stated in full-time equivalents (FTE). 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.
The joint venture LyondellBasell Covestro Manufacturing Maasvlakte V.O.F, Rotterdam (Netherlands), had an average of 178 employees in the 2020 reporting year.