4.3.6Employee Benefit Expenses
Information with respect to employee benefits expenses are detailed as follows:
Note | 2022 | 2021 | |
|---|---|---|---|
Wages and salaries | (370) | (353) | |
Social security costs | (48) | (49) | |
Contributions to defined contribution plans | (33) | (35) | |
Contributions to defined benefit plans | 1 | (2) | |
Share-based payment cost | (24) | (27) | |
Contractors' costs | (178) | (139) | |
Other employee benefits | (88) | (64) | |
Total employee benefits | (740) | (669) |
Wages and salaries increased due to FPSO Liza Unity joining the fleet and the increased activity due to the projects under construction. This was partially offset by FPSO Capixaba no longer contributing to the fleet.
Contractors costs include expenses related to contractor staff not on the Company’s payroll. The increase in contractors’ costs compared with previous year reflects the general ramp-up of Turnkey activities and the Company’s strategy of aiming to maintain flexibility in its workforce management. Other employee benefits mainly include commuting, training, expatriate and other non-wage compensation costs.