36 Employee information.

36 Employee information.
(XLS:) Employee information

 

 

2013

2012

1.

The private equity investment vehicles are controlled by virtue of majority holdings owned by the with-profits part of the LTF. The £55m (2012: £37m) costs of employment for private equity investment subsidiaries primarily comprise salaries and £0.4m of defined contribution pension costs (2012: £1m).

Average number of staff employed during the year:

 

 

 

UK

 

8,268

7,396

Europe

 

424

442

USA

 

545

491

Total excluding consolidated private equity investment vehicles

 

9,237

8,329

Consolidated private equity investment vehicles1

 

1,926

1,535

Worldwide employees

 

11,163

9,864

 

 

 

 

 

Notes

2013
£m

2012
£m

Salaries

 

410

346

Social security costs

 

54

44

Share-based incentive awards

37

23

22

Defined benefit pension costs

26

38

44

Defined contribution pension costs

26

50

39

Total excluding consolidated private equity investment vehicles

 

575

495

Consolidated private equity investment vehicles1

 

55

37

 

 

630

532

What do you think about this report?

Even though this feedback form is on every page, you only need to fill it out the once.