21. Personnel Expenses
The personnel expenses mentioned in notes 19 and 20 above are as follows:
|
|
Year Ended December 31, |
||||
|---|---|---|---|---|---|---|
(in thousands of $) |
|
2023 |
|
2022 |
|
2021 |
Short‑term employee benefits – Salaries |
|
266,482 |
|
216,847 |
|
135,676 |
Short‑term employee benefits – Social Security |
|
19,231 |
|
16,274 |
|
12,785 |
Post‑employment benefits |
|
7,758 |
|
5,406 |
|
2,864 |
Termination benefits |
|
1,089 |
|
401 |
|
818 |
Share‑based payment |
|
226,830 |
|
151,912 |
|
167,965 |
Employer social security contributions stock options |
|
7,987 |
|
5,910 |
|
5,002 |
Total personnel expenses |
|
529,377 |
|
396,750 |
|
325,110 |
The post‑employment benefits relate to the pension plans the Company has in place for its employees.
The average number of full‑time equivalents (FTE) employees by function is presented below:
|
|
Year Ended December 31, |
||||
|---|---|---|---|---|---|---|
Average Number of FTE |
|
2023 |
|
2022 |
|
2021 |
Research and development |
|
607.3 |
|
474.8 |
|
349.7 |
Selling, general and administrative |
|
681.2 |
|
442.4 |
|
264.4 |
|
|
1,288.5 |
|
917.2 |
|
614.1 |