Note 20 - Personnel expenses

For detailed information on emoluments to top management 2021, please see The executive pay report published on smn.no

Parent Bank   Group
2021 2022 (NOK million) 2022 2021
562 568 Wages 1,227 1,221
60 54 Pension costs (Note 22) 99 101
27 39 Social costs 81 56
650 661 Total personnel expenses 1,406 1,378
         
670 675 Average number of employees 1,549 1,627
646 664 Number of man-labour years as at 31 December 1,432 1,340
662 688 Number of employees as at 31 December 1,498 1,449
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Annual report and notes

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