Unilever 2015 Annual Report Download - page 106

4 EMPLOYEES
4A. STAFF AND MANAGEMENT COSTS
Staff costs
 mllon
2015
 mllon
2014
 mllon
2013
Wages and salares (5,474) (4,992) (5,002)
Socal securty costs (606) (586) (631)
Other penson costs (325) (288) (333)
Share-based compensaton costs (150) (188) (228)
(6,555) (6,054) (6,194)
Average number of employees durng the year
’000
2015
’000
2014
’000
2013
Asa/AMET/RUB 97 99 97
The Amercas 42 42 43
Europe 32 32 34
171 173 174
Key management compensaton(a)
 mllon
2015
 mllon
2014
 mllon
2013
Salares and short-term employee benefts (34) (28) (30)
Non-Executve Drectors’ fees (2) (2) (2)
Post-employment benefts (1) (1) (1)
Share-based benefts(b) (30) (19) (17)
(67) (50) (50)
Of whch
Executve Drectors (18) (15) (15)
Non-Executve Drectors (2) (2) (2)
Other(c) (47) (33) (33)
(67) (50) (50)
(a) 2015 ncludes full year compensaton for two new Unlever Leadershp Executve members (raeme Ptkethly and Amanda Sourry)
(b) Share-based benefts are shown on a vestng bass
(c) Other ncludes all members of the Unlever Leadershp Executve, ncludng raeme Ptkethly, other than Executve Drectors
Key management personnel are defned as the members of Unlever Leadershp Executve and the Non-Executve Drectors
Detals of the remuneraton of Drectors are gven n the parts noted as audted n the Drectors’ Remuneraton Report on pages 66 to 83
4B. PENSIONS AND SIMILAR OBLIGATIONS
For defned beneft plans, operatng and fnance costs are recognsed separately n the ncome statement The amount charged to
operatng cost n the ncome statement s the cost of accrung penson benefts promsed to employees over the year, plus the costs
of ndvdual events such as past servce beneft changes, settlements and curtalments (such events are recognsed mmedately n
the ncome statement) The amount charged or credted to fnance costs s a net nterest expense calculated by applyng the lablty
dscount rate to the net defned beneft lablty or asset Any dfferences between the expected nterest on assets and the return
actually acheved, and any changes n the labltes over the year due to changes n assumptons or experence wthn the plans, are
recognsed mmedately n the statement of comprehensve ncome
The defned beneft plan surplus or defct on the balance sheet comprses the total for each plan of the far value of plan assets less
the present value of the defned beneft labltes (usng a dscount rate based on hgh-qualty corporate bonds, or a sutable alternatve
where there s no actve corporate bond market)
All defned beneft plans are subect to regular actuaral revew usng the proected unt method, ether by external consultants or by
actuares employed by Unlever The roup polcy s that the most mportant plans, representng approxmately 85% of the defned
beneft labltes, are formally valued every year Other maor plans, accountng for a further 13% of the labltes, have ther labltes
updated each year roup polcy for the remanng plans requres a full actuaral valuaton at least every three years
Asset values for all plans are updated every year
For defned contrbuton plans, the charges to the ncome statement are the company contrbutons payable, as the company’s
oblgaton s lmted to the contrbutons pad nto the plans The assets and labltes of such plans are not ncluded n the balance
sheet of the roup
99Unilever Annual Report and Accounts 2015 Financial statements