2022 Universal Registration Document

Chapter 5 : 2022 Consolidated Financial Statements

NOTE 5. Number of employees, personnel costs and employee benefits

5.1. Number of employees
  31.12.2022 31.12.2021 31.12.2020
Europe

Europe

31.12.2022

34,856

Europe

31.12.2021

34,503

Europe

31.12.2020

35,372

North America

North America

31.12.2022

14,788

North America

31.12.2021

13,806

North America

31.12.2020

13,492

North Asia

North Asia

31.12.2022

21,387

North Asia

31.12.2021

20,9

North Asia

31.12.2020

20,345

SAPMENA – SSA SAPMENA – SSA31.12.2022

7,797

SAPMENA – SSA31.12.2021

7,609

SAPMENA – SSA31.12.2020

7,739

Latin America

Latin America

31.12.2022

8,541

Latin America

31.12.2021

8,594

Latin America

31.12.2020

8,444

TOTAL(1) TOTAL(1)31.12.202287,369 TOTAL(1)31.12.202185,412 TOTAL(1)31.12.202085,392

(1) Excluding employees of equity-accounted companies.

This graph shows the number of employees.

31.12.2020

  • Europe: 41.4%
  • North America: 15.8%
  • North Asia: 23.8%
  • SAPMENA-SSA : 9.1%
  • Latin America: 9.9%

31.12.2021

  • Europe : 40.4%
  • North America: 16.2%
  • North Asia: 24.5%
  • SAPMENA-SSA : 8.9%
  • Latin America: 10.1%

31.12.2022

  • Europe : 39.9%
  • North America: 16.9%
  • North Asia: 24.5%
  • SAPMENA-SSA : 8.9%
  • Latin America: 9.8%
5.2. Personnel costs
€ millions 2022 2021 2020
€ millionsPersonnel costs (including welfare contributions)(1) 20227,263.7 20216,471.1 20206,124.2

(1) Excluding employees of equity-accounted companies.

Personnel costs include pension expenses (excluding interest components), the cost of any share-based payments (stock options and free shares), and payroll taxes.

5.3. Executive compensation

Costs recorded in respect of compensation and similar benefits granted to the Management Committee and the Board of Directors can be analysed as follows:

€ millions 2022 2021 2020
Directors’ fees

Directors’ fees

2022

1.3

Directors’ fees

2021

1.4

Directors’ fees

2020

1.4

Salaries and benefits including employer welfare contributions

Salaries and benefits including employer welfare contributions

2022

40.4

Salaries and benefits including employer welfare contributions

2021

40.5

Salaries and benefits including employer welfare contributions

2020

40.3

Employee retirement obligation charges

Employee retirement obligation charges

2022

10.2

Employee retirement obligation charges

2021

11.2

Employee retirement obligation charges

2020

12.9

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES) SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES

)

2022

28.9

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES

)

2021

27.2

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES

)

2020

27.5

The number of executives and members of the Management Committee was 20 at 31 December 2022 compared with 19 at 31 December 2021 and 20 at 31 December 2020.