BP 2013 Annual Report Download - page 194

33. Employee costs and numbers – continued
2013 2012 2011
Average number of employeesdUS Non-US Total US Non-US Total US Non-US Total
Upstream 9,400 15,100 24,500 9,300 14,100 23,400 8,500 13,400 21,900
Downstream 9,300 39,800 49,100 12,000 39,900 51,900 12,300 39,700 52,000
Other businesses and corporate 1,900 9,000 10,900 1,900 8,700 10,600 1,700 6,500 8,200
Gulf Coast Restoration Organization 100 – 100 100 – 100 100 – 100
20,700 63,900 84,600 23,300 62,700 86,000 22,600 59,600 82,200
aIncludes termination payments of $212 million (2012 $77 million and 2011 $126 million).
bWages and salaries for 2012 and 2011 have been amended.
cThe group provides certain employees with shares and share options as part of their remuneration packages. The majority of these share-based payment arrangements are equity-settled.
dReported to the nearest 100.
eIncludes 14,100 (2012 14,700 and 2011 14,600) service station staff.
fIncludes 4,300 (2012 3,600 and 2011 4,000) agricultural, operational and seasonal workers in Brazil.
34. Remuneration of directors and senior management
Remuneration of directors
$ million
2013 2012 2011
Total for all directors
Emoluments 16 12 10
Gains made on exercise of share options –––
Amounts awarded under incentive schemes 231
Total 18 15 11
Emoluments
These amounts comprise fees and benefits paid to the non-executive chairman and the non-executive directors and, for executive directors, salary and
benefits earned during the relevant financial year, plus cash bonuses awarded for the year. There was no compensation for loss of office in 2013 (2012
nil and 2011 nil).
Pension contributions
During 2013 two executive directors participated in a non-contributory pension scheme established for UK employees. Two US executive directors
participated in the US BP Retirement Accumulation Plan during 2013.
Office facilities for former chairmen and deputy chairmen
It is customary for the company to make available to former chairmen and deputy chairmen, who were previously employed executives, the use of
office and basic secretarial facilities following their retirement. The cost involved in doing so is not significant.
Further information
Full details of individual directors’ remuneration are given in the Directors’ remuneration report on page 81.
Remuneration of directors and senior management
$ million
Total for all senior management 2013 2012a2011a
Total for all senior management
Short-term employee benefits 36 29 34
Pensions and other post-retirement benefits 333
Share-based payments 43 37 28
Total 82 69 65
aPrior year comparatives have been amended to include the portion of bonuses that were deferred and will be settled in shares in the future.
Senior management, in addition to executive and non-executive directors, includes other senior managers who are members of the executive
management team.
Short-term employee benefits
In addition to fees and benefits paid to the non-executive chairman and non-executive directors, these amounts comprise, for executive directors and
senior managers, salary and benefits earned during the year, plus cash bonuses awarded for the year. Deferred annual bonus awards, to be settled in
shares, are included in share-based payments. Short-term employee benefits includes compensation for loss of office of $3 million (2012 nil and 2011
$9 million).
Pensions and other post-retirement benefits
The amounts represent the estimated cost to the group of providing defined benefit pensions and other post-retirement benefits to senior
management in respect of the current year of service measured in accordance with IAS 19 ‘Employee Benefits’.
Share-based payments
This is the cost to the group of senior management’s participation in share-based payment plans, as measured by the fair value of options and shares
granted accounted for in accordance with IFRS 2 ‘Share-based Payments’. The main plans in which senior management have participated are the
EDIP, DAB, ACBD, SVP and RSP.
190 BP Annual Report and Form 20-F 2013