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TAG overview

Results

(32) Personnel expenses

Employees

(32) Personnel expenses

Personnel expenses comprised the following:

€ million

 

2020

 

2019

Wages and salaries

 

4,669

 

4,293

Compulsory social security contributions and other costs

 

694

 

631

Pension expenses

 

408

 

357

Personnel expenses

 

5,771

 

5,281

Personnel expenses comprised expenses of € 162 million (2019: € 152 million) for defined contribution plans which are funded exclusively using external funds and therefore do not represent any obligation for the Group other than making contribution payments. In addition, employer contributions amounting to € 85 million (2019: € 86 million) were transferred to the German statutory pension insurance system and € 77 million (2019: € 68 million) to statutory pension insurance systems abroad.