Company 11: Employee benefits expense
|TEUR#100,158
In TEUR | 2011 | 2010 |
---|---|---|
Wages and salaries | 70.765 | 73.231 |
Social security costs | 15.054 | 15.090 |
Provisions for retirement benefits and jubilee premiums | 790 | 1.211 |
Provisions for restructuring | 0 | 0 |
Other employee benefits expense | 13.549 | 12.869 |
Total | 100.158 | 102.401 |
Social security costs include costs of voluntary, additional, collective pension insurance in the amount of TEUR 3,080 (2010: TEUR 3,012).
Other employee benefits expense includes costs of annual leave bonus, meals allowance, commuting allowance, and other work-related payments to employees.