HSBC 2005 Annual Report Download - page 228

HSBC HOLDINGS PLC
Directors’ Remuneration Report (continued)
226
provide travel accident insurance when on AT&T
Corp. company business and US$100,000 of life
assurance.
Employees’ emoluments
Set out below is information in respect of the five
individuals who are not Directors of HSBC Holdings
whose emoluments (excluding commissions or
bonuses related to the revenue or profits generated
by employees individually or collectively with others
engaged in similar activities) were the highest in
HSBC for the year ended 31 December 2005.
£000
Basic salaries, allowances and benefits in
kind ........................................................ 2,248
Pension contributions ................................. 698
Bonuses paid or receivable ......................... 32,272
Inducements to join paid or receivable ........ –
Compensation for loss of office:
– contractual .......................................... –
– other ................................................... –
Total ........................................................... 35,218
Total (US$000) ........................................... 63,980
Their emoluments are within the following
bands:
Number of
Employees
£4,900,001 – £5,000,000 ............................ 1
£5,100,001 – £5,200,000 ............................ 1
£6,800,001 – £6,900,000 ............................ 1
£8,000,001 – £8,100,000 ............................ 1
£10,200,001 – £10,300,000 ......................... 1
The basic salaries of Group Managing Directors
and Group General Managers are within the
following bands:
Number of
Group Managing
Directors and Group
General Managers
£150,001 – £250,000 ........................ 4
£250,001 – £350,000 ........................ 20
£350,001 – £450,000 ........................ 9
£450,001 – £550,000 ........................ 3
The aggregate remuneration of Directors and
Senior Management for the year ended 31 December
2005 was US$124,431,000.
The aggregate amount set aside or accrued to
provide pension, retirement or similar benefits for
Directors and Senior Management for the year ended
31 December 2005 was US$9,869,000.
At 31 December 2005, executive Directors and
Senior Management held, in aggregate, options to
subscribe for 6,169,982 HSBC Holdings ordinary
shares under the HSBC Holdings Executive Share
Option Scheme, HSBC Holdings Group Share
Option Plan and HSBC Holdings savings-related
share option plans. These options are exercisable
between 2006 and 2014 at prices ranging from
£3.3334 to £9.1350.