INTEGRATED ANNUAL
REPORT 2020

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Notes to the consolidated financial statements

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10.

EMPLOYEE COSTS

2020
Rm
2019
Rm
Employee costs (including executive directors’ remuneration):
Salaries and wages 1 218 1 072
Termination benefits 8
Pension – defined contribution plans 78 69
Long-term incentive expense – cash-settled (note 37.1) 4
Other post-retirement benefits – medical aid (note 33)
Tsogo Sun Hotels SAR Plan – equity-settled (note 37.2) 17
1 321 1 145

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