31. Personnel Expenses

Audited information

in CHF m

 

2017

 

2016

Wages and salaries

 

–1 116

 

–1 062

Social welfare costs

 

–264

 

–246

Shares and options granted to directors and employees

 

–9

 

–9

Pension costs – defined contribution plans

 

–26

 

–24

Pension costs – defined benefit plans

 

–44

 

–41

Other post-employment benefits

 

–1

 

–1

Total personnel expenses

 

–1 460

 

–1 383