7. Staff costs
Financial statements
The table below summarizes the number of our employees on 31 December 2017 and 2016:
|
2017 |
2016 |
Number of employees on 31 December |
600 |
508 |
Total |
600 |
508 |
The average number of employees during the years 2017 and 2016 was:
|
Year ended 31 December |
|
|
2017 |
2016 |
Executive officers |
5 |
4 |
Research and development |
461 |
385 |
Corporate and support |
90 |
79 |
Total |
556 |
468 |
Their aggregate remuneration comprised:
|
Year ended 31 December |
|
(thousands of €) |
2017 |
2016 |
Wages and salaries |
(46,677) |
(34,857) |
Social security costs |
(9,081) |
(7,328) |
Pension costs |
(2,175) |
(1,728) |
Other personnel costs |
(16,465) |
(9,617) |
Total personnel costs |
(74,398) |
(53,530) |
The other personnel costs mainly related to costs for warrants granted of €11.8 million (2016: €6.6 million). For the costs of warrants granted, see note 29.