Employee benefits expenses
|
EUR 000 |
2024/2025 |
2023/2024 |
|
Salaries and other employee benefit expenses |
366,128 |
349,941 |
|
Social security costs |
50,363 |
45,684 |
|
Pension costs |
24,220 |
22,626 |
|
Long-term employee benefits |
508 |
190 |
|
Termination benefits |
3,096 |
1,826 |
|
444,315 |
420,267 |
Salaries and other employee benefit expenses mainly increased in line with the increase in number of staff by 4.1%. The average salary per KPMG employed FTE increased by 2.4% (2023/2024: increase 4.0%).
An amount of EUR 6.7 million is recognized in the income statement related to research and development, of which EUR 5.2 million in salaries and other employee benefit expenses and EUR 1.5 million in other expenses, see Note 10 (2023/2024: EUR 8.2 million in total, of which EUR 6.4 million in employee expenses and EUR 1.8 million in other expenses).
Total employee expenses increased by 5.7% (2023/2024: increase 5.3%).
Employee benefits
|
EUR 000 |
September 30, 2025 |
September 30, 2024 |
||||
|
< 1 year |
> 1 year |
Total |
< 1 year |
> 1 year |
Total |
|
|
Long-term employee benefit obligations |
451 |
1,769 |
2,220 |
831 |
1,845 |
2,676 |
|
Short-term employee benefit obligations |
53,528 |
– |
53,528 |
50,605 |
– |
50,605 |
|
53,979 |
1,769 |
55,748 |
51,436 |
1,845 |
53,281 |
|
Long-term employee benefits mainly consist of WIA supplement (Occupational Disability Insurance Act) benefits and provisions for long-service entitlements.
Short-term employee benefit obligations consist of accruals for variable pay amounting to EUR 25,827 (September 30, 2024: EUR 24,151), holiday allowances amounting to EUR 16,989 (September 30, 2024: EUR 16,088) and benefit-on-demand liabilities amounting to EUR 10,732 (September 30, 2024: EUR 10,366). These obligations include a number of special schemes that relate to supplements to social benefits.
Movements in long-term employee benefits:
|
EUR 000 |
2024/2025 |
2023/2024 |
|
Balance as at October 1 |
2,676 |
2,007 |
|
Utilized |
-320 |
-208 |
|
(Release)/ Addition |
-187 |
627 |
|
Adding of interest and change in discount rate |
51 |
250 |
|
Balance as at September 30 |
2,220 |
2,676 |
Number of staff and equity partners
|
Average FTEs |
2024/2025 |
2023/2024 |
|
Professional staff |
3,416 |
3,254 |
|
Support staff |
762 |
744 |
|
Support staff for KPMG International |
128 |
140 |
|
4,306 |
4,138 |
|
|
Equity partners |
170 |
171 |
|
4,476 |
4,309 |
Please see Note 7 Other income for more details with respect to support staff for KPMG International.