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Financial statements Marks and Spencer Group plc Annual report and financial statements 2013 91
Overview Strategic review Financial review Governance Financial statements and other information
10 Employees
A. Aggregate remuneration
The aggregate remuneration and associated costs of Group employees were:
2013
Total
£m
2012
Total
£m
Wages and salaries 1,136.7 1,061.3
Social security costs 75.8 77.7
Pension costs 68.4 57.7
Share-based payments (see note 13) 25.8 32.5
Employee welfare and other personnel costs 51.0 46.0
Capitalised staff costs (36.5) (21.7)
Total aggregate remuneration 1,321.2 1,253.5
Details of key management compensation are given in note 28.
B. Average monthly number of employees
2013 2012
UK stores
– management and supervisory categories 5,511 5,784
– other 65,053 63,003
UK head office
– management and supervisory categories 3,033 2,782
– other 922 718
Overseas 7,215 6,450
Total average monthly number of employees 81,734 78,737
If the number of hours worked was converted on the basis of a normal working week, the equivalent average number of full-time
employees would have been 57,518 (last year 54,984).
C. Directors’ emoluments
Emoluments of directors of the Company are summarised below. Further details are given in the Remuneration Report on
pages 55 to 70.
2013
£000
2012
£000
Aggregate emoluments 8,149 7,796
The emoluments include payments to directors who retired from the Board in 2012/13 of £482,000 (last year included payments
and bonus entitlements to directors who have retired from the Board of £279,000).
11 Retirement benefits
The Group provides pension arrangements for the benefit of its UK employees through the Marks & Spencer UK Pension Scheme.
This has a defined benefit section, which was closed to new entrants with effect from 1 April 2002, and a defined contribution
section which has been open to new members with effect from 1 April 2003.
The defined benefit section operates on a final salary basis and at the year end had some 13,000 active members (last year 14,000),
55,000 deferred members (last year 56,000) and 51,000 pensioners (last year 51,000). At the year end, the defined contribution
section had some 33,000 active members (last year 9,000) and some 3,000 deferred members (last year 2,000).
The Group also operates a funded defined benefit pension scheme in the Republic of Ireland. Retirement benefits also include a UK
post-retirement healthcare scheme and unfunded retirement benefits.
Within the total Group retirement benefit cost of £47.2m (last year £32.1m), £23.0m (last year £12.0m) relates to the UK defined
benefit section, £20.3m (last year £15.9m) to the UK defined contribution section and £3.9m (last year £4.2m) to other retirement
benefit schemes.