true value for society
true value for society
One of the principles on which Randstad was founded is the belief that work is a unifying force in society. Almost fifty years later, we continue to add true value to society through our strong commitment to employability for all people.

38. Wages and salaries, social security charges and pension charges

(amounts in millions of €, unless otherwise indicated)

Wages, salaries, social security charges and pension charges are included in cost of services for staffing employees and in personnel expenses for corporate employees. The details for cost of services and personnel expenses, as well as the totals for wages, salaries, social security charges and pension charges are as follows:

38.1 Cost of services

Cost of services include the expenses of staffing employees:

  2008  2007
       
Wages and salaries 8,604.7   5,695.3
Social security charges 1,919.5   1,112.0
Pension charges – defined contribution plans 101.3   62.2
Pension charges – defined benefit plans 1.1   0.6
       
Wages, salaries, social security and pension charges 10,626.6   6,870.1
Other cost of services 439.5   297.2
       
  11,066.1   7,167.3

38.2 Personnel expenses

Personnel expenses of corporate employees are included in total operating expenses and amount to:

   2008   2007
       
Wages and salaries 1,162.3   737.0
Social security charges 176.3   107.2
Pension charges – defined contribution plans 29.4   21.4
Pension charges – defined benefit plans 1.3   1.3
Share-based payments 13.5   11.2
       
Wages, salaries, social security and pension charges 1,382.8   878.1
Other personnel expenses 175.8   143.0
       
  1,558.6   1,021.1

38.3 Wages and salaries, social security charges and pension charges

Total wages and salaries, social security charges and pension charges included in operating profit are:

   2008   2007
       
Wages and salaries 9,767.0   6,432.3
Social security charges 2,095.8   1,219.2
Pension charges – defined contribution plans 130.7   83.6
Pension charges – defined benefit plans 2.4   1.9
Share-based payments 13.5   11.2
       
  12,009.4   7,748.2