Aviva 2009 Annual Report Download - page 172

170
Aviva plc Notes to the consolidated financial statements continued
Annual Report and Accounts 2009
10 – Employee information continued
(b) Staff costs
Total staff costs were:
2009 2008
£m £m
Wages and salaries 1,860 2,107
Social security costs 272 258
Post-retirement obligations
Defined benefit schemes (note 47d) 187 175
Defined contribution schemes (note 47d) 73 65
Profit sharing and incentive plans 135 172
Equity compensation plans (note 29d) 56 39
Termination benefits 76 57
2,659 2,873
These costs are charged within:
2009
£m
2008
£m
Acquisition costs
Claims handling expenses
Central costs and sharesave schemes
491
270
53
584
291
83
Other operating expenses 1,845 1,915
2,659 2,873
11 – Directors
Information concerning individual directors’ emoluments, interests and transactions is given in the Directors’ remuneration
report on pages 99 to 116 in the “Corporate Governance” section of this report. For the purposes of the disclosure required
by Schedule 5 to the Companies Act 2006, the total aggregate emoluments of the directors in respect of 2009 was £6.7 million
(2008: £5.2 million ). Employer contributions to pensions for Executive Directors’ for qualifying periods was £123,000 (2008:
£234,000
). This is only for one ED as the others in the qualifying periods were not receiving any pension contributions by Aviva.
The aggregate net value of share awards granted to the directors in the period was £5.256 million
(2008: £4.348 million) . The net
value has been calculated by reference to the market price at the date of grant. During the year, no share options were exercised
by directors
(2008: nil options exercised) .