Skip to content

2007/08 Annual Report and Accounts
previousnext
Notes to the accounts continued
7 Employee costs and numbers

a Staff costs

The average number of persons employed during the year was as follows:

  Group Company
Number 2008 2007 2008 2007
United Kingdom 39,193 41,409 36,962 37,718
Overseas 5,947 6,661 5,159 5,721
  45,140 48,070 42,121 43,439

 

Group

Company
£ million 2008 2007 2008 2007
Wages and salaries 1,433 1,522 1,362 1,400
Social security costs 150 158 142 145
Costs related to pension scheme benefits 216 308 211 296
Other post-retirement benefit costs 4 3 3 3
Other employee costs 363 364 352 346
Total employee costs 2,166 2,355 2,070 2,190
Employee costs relating to continuing operations 2,166 2,277 2,072 2,180
Employee costs/(income) relating to discontinued operations   78 (2) 10

In addition, included in ‘Wages and salaries’ is a total expense of share-based payments of £3 million (2006/07: £10 million) that arises from transactions accounted for as equity-settled share-based payment transactions.

Other employee costs include allowances, severance and accommodation for crew.

Employee costs for 2006/07 exclude the £396 million credit arising on changes to NAPS which is disclosed separately on the face of the income statement.

b Directors’ emoluments

  Group
£’000 2008 2007
Fees 734 648
Salary and benefits 1,123 1,484
Aggregate gains made by directors on the exercise of options   555
  1,857 2,687

During the year, one director accrued benefits under defined benefit pension schemes and one director accrued benefits under a defined contribution pension scheme.

The Directors’ Remuneration report discloses full details of directors’ emoluments.

ˆ back to top