7. Personnel Expenses

Personnel expenses

EUR thousand

 

2024

 

2023

Wages and salaries

 

440,724

 

405,969

Statutory social expenses

 

81,956

 

80,339

Expenses for post-employment benefits, support and anniversaries

 

4,242

 

5,866

Total

 

526,922

 

492,174

Amounts resulting from the interest cost of personnel provisions, in particular pension provisions, are not recognized as personnel expenses. Instead, these amounts are reported as a component of net interest income (expense).

Statutory social expenses include EUR 36,319 thousand (previous year: EUR 34,229 thousand) for contributions to statutory retirement plans. Of this amount, EUR 192 thousand (previous year: EUR 180 thousand) was attributable to key management personnel and EUR 25 thousand (previous year: EUR 32 thousand) to employee representatives on the Supervisory Board.

In 2024, BLG LOGISTICS had an average headcount of 9,564 employees (previous year: 9,883). Of these employees, 7,357 (previous year: 7,694) were blue-collar workers and 2,207 (previous year: 2,189) worked in commercial functions. Please refer to the Combined group management report and the Segment Reporting for more information.

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