7. Staff costs

Financial statements CSR report

The table below summarizes the number of our employees on 31 December 2018 and 2017:

 

2018

2017

Number of employees on 31 December

725

600

Total

725

600

The average number of employees during the years 2018 and 2017 was:

 

Year ended 31 December

 

2018

2017

Executive officers

5

5

Research and development

553

461

Corporate and support

119

90

Total

677

556

Their aggregate remuneration comprised:

 

Year ended 31 December

(thousands of €)

2018

2017

Wages and salaries

(61,619)

(46,677)

Social security costs

(11,003)

(9,081)

Retirement benefit costs

(2,994)

(2,175)

Other personnel costs

(27,375)

(16,465)

Total personnel costs

(102,991)

(74,398)

The other personnel costs mainly related to costs for warrants granted of €21.3 million (2017: €11.8 million). For the costs of warrants granted, see note 28.