4. Employees note - consolidated Number of employees The average monthly numbers of employees 2016 2015 during the year were: number number Direct Service Activities 119 136 Support Costs 11 11 Trading Activities 89 84 Generating Voluntary Income 5 4 Governance 1 1 225 236 Employment costs 2016 2015 € € and salaries 7,724,366 8,526,013 Employer PRSI 824,232 875,459 Other pension costs 252,765 366,521 8,801,363 9,767,993 2016 2015 The number of higher paid employees was: Number Number - 10 7 €60,000 €70,000 - 2 2 €70,000 €80,000 - 2 2 €80,000 €90,000 - 1 1 €90,000 €100,000 - 1 1 €110,000 €120,000 16 13 Remuneration includes base pay and excludes employer pension and PRSI contributions. In 2016 NCBI's Group CEO was paid €110,491. NCBI Group and subsidiary companies operates a Defined Contribution Pension Scheme. The employee contributes a minimum of 5% and NCBI contributes 5% of gross pay. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to 252,765 (31 December 2015 - 366,521). € € Board member expenses No member of the Board received any payments expect for the reimbursement of expenses
4. Employees note - consolidated Number of employees The average monthly numbers of employees during the year were: 2016 number 2015 number Direct Service Activities 119 136 Support Costs 11 11 Trading Activities 89 84 Generating Voluntary Income 5 4 Governance 1 1 225 236 Employment costs 2016 € 2015 € and salaries 7,724,366 8,526,013 Employer PRSI 824,232 875,459 Other pension costs 252,765 366,521 8,801,363 9,767,993 The number of higher paid employees was: 2016 Number 2015 Number €60,000 - €70,000 10 7 €70,000 - €80,000 2 2 €80,000 - €90,000 2 2 €90,000 - €100,000 1 1 €110,000 - €120,000 1 1 16 13 Remuneration includes base pay and excludes employer pension and PRSI contributions. In 2016 NCBI's Group CEO was paid €110,491. NCBI Group and subsidiary companies operates a Defined Contribution Pension Scheme. The employee contributes a minimum of 5% and NCBI contributes 5% of gross pay. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to € 252,765 (31 December 2015 - € 366,521). Board member expenses No member of the Board received any payments expect for the reimbursement of expenses
Annual-Report-2016-word.docx