Electrolux 2014 Annual Report Download - page 125

Note 27 Employees and remuneration
Employees and employee benefits
In , the average number of employees was , (,), of
whom , (,) were men and , (,) women.
A detailed specification of the average number of employees by
country has been submitted to the Swedish Companies Registration
Office and is available on request from AB Electrolux, Investor Relations
and Financial Information. See also Electrolux website
www.electroluxgroup.com.
Average number of employees, by geographical area
Group
 
Europe , ,
North America , ,
Latin America , ,
Rest of world , ,
Total , ,
Salaries, other remuneration and employer contributions
 
Salaries and
remuneration
Employer
contributions Total
Salaries and
remuneration
Employer
contributions Total
Parent Company   ,   ,
whereof pension costs ) ) ) )
Subsidiaries , , , , , ,
whereof pension costs    
Total Group , , , , , ,
whereof pension costs    
) Includes SEK m (), referring to the President’s predecessors according to local GAAP (the cost for the current President is included in his home country).
Salaries and remuneration for Board members, senior managers and other employees
 
Board members and
senior managers
Other
employees Total
Board members and
senior managers
Other
employees Total
Parent Company      
Other  , ,  , ,
Total Group  , ,  , ,
Of the Board members in the Group,  were men and  women, of
whom  men and  women in the Parent Company. Senior managers in
the Group consisted of  men and  women, of whom  men and 
women in the Parent Company. The total pension cost for Board mem-
bers and senior managers in the Group amounted to m () in .
Compensation to the Board of Directors
The Annual General Meeting (AGM) determines the total compensation
to the Board of Directors for a period of one year until the next AGM.
The compensation is distributed between the Chairman, Deputy Chair-
man, other Board Members and remuneration for committee work. The
Board decides the distribution of the committee fee between the com-
mittee members. Compensation is paid out in advance each quarter.
Compensation paid in  refers to one fourth of the compensation
authorized by the AGM in , and three fourths of the compensation
authorized by the AGM in . Total compensation paid in cash in 
amounted to SEK .m, of which SEK .m referred to ordinary compen-
sation and SEK .m to committee work.
Compensation to Board members 
´ SEK
Ordinary
compensa-
tion
Compensa-
tion for
committee
work
Total
compen-
sation
Marcus Wallenberg, Chairman
(until AGM )   
Ronnie Leten, Chairman (from
AGM ) ,  ,
Torben Ballegaard Sørensen,
Deputy Chairman   
Lorna Davis   
Petra Hedengran (from AGM
)   
Hasse Johansson   
Keith McLoughlin, President — — —
Bert Nordberg  — 
Fredrik Persson   
Ulrica Saxon  — 
Barbara Milian Thoralfsson (until
AGM )   
Ola Bertilsson — — —
Gunilla Brandt — — —
Ulf Carlsson — — —
Total compensation  ,  ,
Revaluation of synthetic shares
from previous assignment period –, — –,
Total compensation cost 
including revaluation of synthetic
shares ,  ,
ELECTROLUX ANNUAL REPORT 
All amounts in SEKm unless otherwise stated