The following table shows the composition of personnel expenses:
|
2021 |
2020 |
||
|---|---|---|---|---|
Wages and salaries |
351,119 |
264,3811 |
||
Expenses for severance payments and gratuity |
5,253 |
7,1951 |
||
Retirement benefit expenses |
8,224 |
7,3421 |
||
Statutory social security expenses |
81,313 |
69,405 |
||
Other employee-related costs |
6,708 |
5,287 |
||
Total |
452,617 |
353,609 |
||
|
||||
In the 2021 financial year, government grants of EUR 245 thousand (2020: EUR 13,288 thousand) in connection with short-term work assistance of Austria related to COVID-19 were offset against personnel expenses and recognized in profit or loss. The main condition for short-time working assistance is the temporary reduction of working hours of certain employees. In the 2021 financial year, the Lenzing Group utilized such grants from January to March (2020: May to December).
The number of employees in the Lenzing Group is as follows:
The following table shows the number of employees in Lenzing AG and the Austrian subsidiaries of the Lenzing Group: