9.c Personnel - €4,634 million

Millions of euro

   
 

2019

2018

Change

Wages and salaries

3,240

3,157

83

2.6%

Social security contributions

875

894

(19)

-2.1%

Deferred compensation benefits

103

103

-

-

Other post-employment and long-term benefits

108

113

(5)

-4.4%

Early retirement incentives

101

138

(37)

-26.8%

Other costs

207

176

31

17.6%

Total

4,634

4,581

53

1.2%

 

Personnel costs amounted to €4,634 million in 2019, an increase of €53 million.
The Group’s workforce decreased by 1,019 employees, mainly reflecting the negative difference between new hires and terminations (1,094 employees) due to early-retirement incentives, only partially offset by a net increase for changes in the scope of consolidation (75 employees) essentially attributable to:

  • the disposal of the Mercure plant by Enel Produzione in Italy; 
  •  the acquisition of Tradewind in the USA; 
  • the sale of the Reftinskaya GRES plant in Russia; 
  • the acquisition of PayTipper Network Srl, FlagPay Srl, and PayTipper in Italy. 

The increase in wages and salaries despite the decrease in the total workforce essentially reflects the greater average size of the workforce in 2019 due to the consolidation of Enel Distribuição São Paulo, which only took effect as from June 2018.
Early retirement incentives in 2019 totaled €101 million, a decrease of €37 million mainly attributable to Latin America and Italy in reflection of terminations of employment in application of the provisions of Article 4 of Law 92/2012 (the “Fornero Act”) applied mainly in 2018, which were only partially offset by the cost increase in Spain for the Plan de Salida incentive plan.

The table below shows the average number of employees by category, along with a comparison with the previous year, and the headcount as of December 31, 2019.

 

Average (1)

Headcount(1)

 

2019

2018

Change

at Dec. 31, 2019

Senior managers

1,375

1,343

32

1,357

Middle managers

11,016

10,614

402

11,329

Office staff

35,066

33,906

1,160

36,280

Blue collar

20,846

20,834

12

19,287

Total

68,303

66,697

1,606

68,253

 (1)For companies consolidated on a proportionate basis, the headcount corresponds to Enel’s percentage share of the total.