Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Employee Benefits Expense (Tables)

v3.24.0.1
Employee Benefits Expense (Tables)
12 Months Ended
Dec. 31, 2023
Classes of employee benefits expense [abstract]  
Summary of Employee Benefits Expense

Employee benefits expense are detailed as follows:

 

 

 

For the year ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(EUR thousand)

 

Included in Cost of sales:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

175,090

 

 

 

154,852

 

 

 

134,619

 

Social security costs

 

 

40,025

 

 

 

30,721

 

 

 

25,610

 

Pension costs

 

 

7,036

 

 

 

5,970

 

 

 

4,917

 

Share-based payment expense

 

 

113

 

 

 

287

 

 

 

 

Included in Selling and Marketing expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

12,423

 

 

 

13,978

 

 

 

12,716

 

Social security costs

 

 

2,442

 

 

 

1,606

 

 

 

1,531

 

Pension costs

 

 

390

 

 

 

433

 

 

 

403

 

Share-based payment expense

 

 

57

 

 

 

1,024

 

 

 

 

Included in Research and Development expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

14,430

 

 

 

12,463

 

 

 

9,089

 

Social security costs

 

 

1,862

 

 

 

1,496

 

 

 

1,270

 

Pension costs

 

 

466

 

 

 

358

 

 

 

331

 

Share-based payment expense

 

 

167

 

 

 

800

 

 

 

 

Included in General and Administrative expenses:

 

 

 

 

 

 

 

 

 

Wages and salaries

 

 

24,518

 

 

 

22,272

 

 

 

26,106

 

Social security costs

 

 

4,846

 

 

 

3,612

 

 

 

3,589

 

Pension costs

 

 

699

 

 

 

510

 

 

 

545

 

Cash settled awards

 

 

 

 

 

 

 

 

(10,831

)

Share-based payment expense

 

 

1,639

 

 

 

5,991

 

 

 

1,740

 

Total employee benefits expense

 

 

286,203

 

 

 

256,373

 

 

 

211,635

 

 

Summary of Average Size of Group's Workforce

The average size of the Group's workforce during the year is as follows:

 

 

For the year ended December 31,

 

 

2023

 

 

2022

 

 

2021

 

Executives

 

 

70

 

 

 

57

 

 

 

51

 

Managers

 

 

211

 

 

 

137

 

 

 

126

 

Employees

 

 

5,260

 

 

 

4,781

 

 

 

4,284

 

Total Workforce

 

 

5,541

 

 

 

4,975

 

 

 

4,461