2. Personnel expenses

(in millions of euros)

2018

2017*

Wages and salaries

1,629

1,488

Social security contributions

205

209

Contributions to defined contributions plans

107

97

Contributions to defined benefit plans

32

24

Other staff costs

82

69

Staff hired

111

146

Total

2,166

2,033

  • * adjusted for change in accounting principle regarding the United Kingdom railway pension schemes, as explained in Section 1

The average workforce was as follows.

(in fte)

2018

2017

Netherlands

18,734

19,897

UK

12,936

10,402

Germany

1,657

1,105

Total

33,327

31,404

For the Netherlands, the average number of Qbuzz employees for 2017 is included at 1,139 FTEs.

The workforce as at the financial year-end was as follows.

(in fte)

2018

2017

Netherlands

18,381

18,805

UK

13,162

12,785

Germany

2,028

1,447

Total

33,571

33,037

Remuneration of the Executive Board

(in euro's)

Fixed salary

Alternative for the gap on pension accrual

Payment lease amounts

Compensation fiscal treatment executive car

Various allowances

Pension expenses

Total 2017

Mr. R.H.L.M. van Boxtel

449,944

41,524

-

13,662

4,368

14,431

523,929

Mr. H.L.L. Groenewegen

352,898

29,878

15,720

3,540

4,584

14,431

421,051

Mrs. M.E.F. Rintel

352,898

32,368

2,784

3,540

4,368

14,431

410,389

Mrs. S.M. Zijderveld

352,898

29,878

15,720

3,540

4,368

14,431

420,835

Mr. T.B. Smit

265,178

22,523

-

2,655

3,276

10,823

304,455

Total

1,773,815

156,172

34,224

26,937

20,963

68,547

2,080,658

        
        

(in euro's)

Fixed salary

Alternative for the gap on pension accrual

Payment lease amounts

Compensation fiscal treatment executive car

Various allowances

Pension expenses

Total 2018

Mr. R.H.L.M. van Boxtel

460,294

42,626

-

11,093

4,368

14,677

533,058

Mr. H.L.L. Groenewegen

361,014

30,713

16,920

2,738

4,368

14,677

430,430

Mrs. M.E.F. Rintel

361,014

33,272

2,784

2,738

4,368

14,677

418,852

Mrs. S.M. Zijderveld

361,014

30,713

16,920

2,738

4,368

14,677

430,430

Mr. T.B. Smit

361,014

30,713

-

2,738

4,368

14,677

413,510

Total

1,904,350

168,036

36,624

22,045

21,840

73,385

2,226,280

Please refer to the chapter ‘Remunerations of the Executive Board’ in the annual report for more details on the remuneration policy for the Executive Board.

Remuneration of key management personnel (excluding the Executive Board)

(in euro’s)

Fixed and variabel
remuneration

Pension expenses

Termination benefits
(excluding compensation legal expenses)

Total

2017

2,558,381

98,835

-

2,657,216

2018

2,346,038

125,964

-

2,472,002

Remuneration of the Supervisory Board

The remuneration of members of the Supervisory Board for 2018 paid by the company totalled €226,053 (2017: €205,371). The remuneration consists of a fixed fee and an allowance for participating in one or more committees. The specification of the amounts for each member of the Supervisory Board is as follows.

(in euro’s)

2018

2017

G.J.A. van de Aast

45,624

44,344

Chairman Supervisory Board , member risk and auditcommittee, member remuneration and nomination committee

  

J.J.M. Kremers

37,734

36,673

Chairman risk and audit committee

  

P. Rosenmöller

44,778

42,189

Chairman remuneration and nomination committees, member risk and audit committee (from 1. July 2018) and vice chairman Supervisory Board

  

M.E. van Lier Lels

32,327

31,420

member risk and audit committee

  

J.L. Stuijt

34,146

31,420

member remuneration and nomination committee and member risk and auditcommittee (from 1. May 2018)

  

W.J. van der Feltz

31,444

19,325

(from 1. May 2017), member risk- en auditcommissie (from 1. May 2018)

  

Totaal

226,053

205,371

The 2018 allowances for the various functions (excluding expenses) are as follows:

(in euro's)

2018

Voorzitter RvC

37.840

Vice voorzitter RvC

33.516

Lid RvC

28.110

Voorzitter risk- en auditcommissie

8.108

Lid risk- en auditcommissie

2.703

Voorzitter remuneratie- en nominatiecommissie

8.108

Lid remuneratie- en nominatiecommissie

2.703

The company has not extended any loans, advances or guarantees to members of the Executive Board or the Supervisory Board.

All the shares of NV Nederlandse Spoorwegen are held by the State of the Netherlands. Members of the Executive and Supervisory Boards and staff members have not been granted rights to hold or acquire shares in the company.