Financial Statements
Notes to the consolidated accounts
9. Employee remuneration
9 (a) Aggregate remuneration
The aggregate remuneration in respect of employees, including executive directors, was as follows:
| 2007 £m |
2006 £m |
|
|---|---|---|
| Wages and salaries | 242 | 216 |
| Social security costs | 24 | 21 |
| Pension costs | 35 | 30 |
| Share based payments expenses | 21 | 22 |
| Total remuneration | 322 | 289 |
9 (b) Average number of employees
The average number of employees, including executive directors, employed by the Group was as follows:
| 2007 No. |
2006 No. |
|
|---|---|---|
| UK Life & Pensions | 4,142 | 3,548 |
| International Life & Pensions | 636 | 669 |
| Asset Management | 901 | 855 |
| Average number of employees | 5,679 | 5,072 |
9 (c) Directors' emoluments
Information concerning individual directors' emoluments and transactions is given in the Remuneration Report of the Board. Directors' interests in the share capital of Friends Provident plc and F&C Asset Management plc are shown in note 43.