2021 UNIVERSAL REGISTRATION DOCUMENT

5. 2021 Consolidated financial statements

NOTE 5. Number of employees, personnel costs and employee benefits

5.1. Number of employees
  31.12.2021 31.12.2020 31.12.2019
Europe

Europe

31.12.2021

34,503

Europe

31.12.2020

35,372

Europe

31.12.2019

36,322

North America

North America

31.12.2021

13,806

North America

31.12.2020

13,492

North America

31.12.2019

14,480

North Asia

North Asia

31.12.2021

20,900

North Asia

31.12.2020

20,345

North Asia

31.12.2019

20,335

SAPMENA – SSA SAPMENA – SSA

31.12.2021

7,609

SAPMENA – SSA

31.12.2020

7,739

SAPMENA – SSA

31.12.2019

8,153

Latin America

Latin America

31.12.2021

8,594

Latin America

31.12.2020

8,444

Latin America

31.12.2019

8,684

TOTAL(1)

TOTAL

(1)

31.12.2021

85,412

TOTAL

(1)

31.12.2020

85,392

TOTAL

(1)

31.12.2019

87,974

(1) Excluding employees of equity-accounted companies.

 31.12.2019 : Europe : 41.3%, North America : 16.5%,North Asia : 23.1%,SAPMENASSA : 9.3%, Latin America : 9.9%. 31.12.2020 : Europe : 41.4%, North America : 15.8%,North Asia : 23.8%,SAPMENASSA : 9.1%, Latin America : 9.9%. 31.12.2021 : Europe : 40.4%, North America : 16.2%,North Asia : 24.5%,SAPMENASSA : 8.9%, Latin America : 10.1%.
31.12.2019 :

Europe: 41.3%,

North America : 16.5%,

North Asia : 23.1%,

SAPMENA - SSA : 9.3%,

Latin America : 9.9%.

31.12.2020 :

Europe: 41.4%,

North America : 15.8%,

North Asia : 23.8%,

SAPMENASSA: 9.1%,

Latin America : 9.9%.

31.12.2021 :

Europe : 40.4%,

North America : 16.2%,

North Asia : 24.5%,

SAPMENASSA : 8.9%,

Latin America : 10.1%.

5.2.  Personnel costs
€ millions 2021 2020 2019
Personnel costs (including welfare contributions)(1) Personnel costs (including welfare contributions)(1)20216,471.1 Personnel costs (including welfare contributions)(1)20206,124.2 Personnel costs (including welfare contributions)(1)20196,131.1

(1) Excluding employees of equity-accounted companies.

Personnel costs include pension expenses (excluding interest components), the cost of any share-based payments (stock options and free shares), and payroll taxes.

5.3.  Executive compensation

Costs recorded in respect of compensation and similar benefits granted to the Management Committee and the Board of Directors can be analysed as follows:

€ millions 2021 2020 2019
Directors’ fees

Directors’ fees

2021

1.4

Directors’ fees

2020

1.4

Directors’ fees

2019

1.3

Salaries and benefits, including employer welfare contributions

Salaries and benefits, including employer welfare contributions

2021

40.5

Salaries and benefits, including employer welfare contributions

2020

40.3

Salaries and benefits, including employer welfare contributions

2019

40.1

Employee retirement obligation charges

Employee retirement obligation charges

2021

11.2

Employee retirement obligation charges

2020

12.9

Employee retirement obligation charges

2019

10.8

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES)

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES)

202127.2

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES)

202027.5

SHARE-BASED PAYMENT (STOCK OPTIONS AND FREE SHARES)

201933.7

The number of executives who were members of the Management Committee was 19 at 31 December 2021 compared with 20 at 31 December 2020 and at 31 December 2019.