INTERCONTINENTAL HOTELS GROUP PLC /NEW/ | CIK:0000858446 | 3

  • Filed: 3/8/2018
  • Entity registrant name: INTERCONTINENTAL HOTELS GROUP PLC /NEW/ (CIK: 0000858446)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/858446/000119312518074190/0001193125-18-074190-index.htm
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  • ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory

    3. Staff costs and Directors’ emoluments

     

         2017
    $m
         2016
    $m
         2015
    $m
     

    Staffa

            

    Costs:

            

    Wages and salaries

         583        537        562  

    Social security costs

         33        29        33  

    Pension and other post-retirement benefits:

            

    Defined benefit plans (note 25)

         5        5        5  

    Defined contribution plans

         24        23        28  
      

     

     

        

     

     

        

     

     

     
         645        594        628  
      

     

     

        

     

     

        

     

     

     
         2017      2016      2015  

    Average number of employees, including part-time employees:

            

    Americas

         2,149        2,121        2,082  

    Europe

         813        782        1,041  

    AMEA

         1,454        1,598        1,658  

    Greater China

         294        299        865  

    Central

         1,948        1,787        1,665  
      

     

     

        

     

     

        

     

     

     
         6,658        6,587        7,311  
      

     

     

        

     

     

        

     

     

     

     

    a  Includes $13m (2016: $1m, 2015: $3m) classified as exceptional.

    The costs of the above employees are borne by IHG. Of these, 91% were employed on a full-time basis and 9% were employed on a part-time basis.

    In addition to the above, the Group has employees who work directly on behalf of the System Fund and whose costs are borne by the Fund as disclosed in note 32. In line with IHG’s business model, IHG also employs General Managers and, in the US predominantly, other hotel workers who work in the managed hotels and who have contracts or letters of service with IHG. The total number of these employees is 22,577 (2016: 22,002, 2015: 20,452) and their costs of $1,056m (2016: $1,002m, 2015: $936m) are borne by those hotels.

     

         2017
    $m
         2016
    $m
         2015
    $m
     

    Directors’ emoluments

            

    Base salaries, fees, performance payments and benefits

         4.9        6.1        7.9  

     

    LOGO   More detailed information on the emoluments, pensions, share awards and shareholdings for each Director is shown in the Directors’ Remuneration Report on pages 64 to 77.