Financial Statements 2018 financial statement- joomag | Page 53

7. EMPLOYEE INFORMATION 2018 2017 Number Number Average number of employees expressed as full time equivalents 2,303 2,244 A Full Time Equivalent employee is classified as working a fully contracted 35 hour week. Staff Costs (For the above persons) 2018 2017 £’000 £’000 ages & Salaries W 47,583 48,001 Social Security Costs 3,399 3,089 Other Pension Costs 2,308 2,430 53,290 53,520 The pension cost charge represents contributions payable to the pension fund. Salary bandi ng for all employees earning over £60,000 (including salaries, performance related pay, benefits in kind and compensation for loss of office & pension contributions): Executive Staf f Senior Management 2018 2017 2018 2017 Salary Range Number Number Number Number 200,001 to £210,000 £ £180,001 to £190,000 £160,001 to £170,000 £150,001 to £160,000 £140,001 to £150,000 £130,001 to £140,000 £120,001 to £130,000 £110,001 to £120,000 £100,001 to £110,000 £90,001 to £100,000 £80,001 to £90,000 £70,001 to £80,000 £60,001 to £70,000 1 1 1 1 - 2 - - - - - - - 1 - 1 - 1 1 1 2 - 1 - 1 - - - - - - 1 - - - 1 4 5 11 - - - - - - - - 1 1 3 5 2 6 9 22 12 52 Accord Housing Association