RBS 2010 Annual Report Download - page 292

3 Operating expenses continued
The average number of persons employed, rounded to the nearest hundred, in the continuing operations of the Group during the year, excluding
temporary staff, was 153,400 (2009 - 166,400; 2008 - 175,400); on the same basis discontinued operations employed 6,200 employees (2009 - 28,100;
2008 - 58,300). The average number of temporary employees during 2010 was 11,600 (2009 - 9,700; 2008 - 7,000). The number of persons employed
in the continuing operations of the Group at 31 December, excluding temporary staff, was as follows:
Group
2010 2009 2008
UK Retail 26,300 28,500 31,700
UK Corporate 13,000 12,600 13,600
Wealth 5,300 4,800 5,300
Global Transaction Services 2,400 3,200 3,600
Ulster Bank 4,400 4,600 5,600
US Retail & Commercial 16,500 16,400 17,300
Global Banking & Markets 15,500 15,100 15,700
RBS Insurance 15,000 14,600 15,300
Central items 4,300 3,800 4,300
Core 102,700 103,600 112,400
Non-Core 6,400 13,700 15,000
109,100 117,300 127,400
Business Services 36,100 41,600 44,500
Integration 300 500 900
RFS Holdings minority interest —300 200
Total 145,500 159,700 173,000
UK 93,000 98,400 105,600
USA 23,900 25,600 27,100
Europe 10,800 12,600 14,400
Rest of the World 17,800 23,100 25,900
Total 145,500 159,700 173,000
There were no persons employed in discontinued operations as at 31 December 2010 (2009 - 24,800; 2008 - 29,100).
Share-based payments
As described in the Remuneration report on pages 248 to 263, the Group grants share-based awards to employees principally on the following bases:
Award plan Eligible employees Nature of award (1) Vesting conditions (2) Issue dates
Sharesave UK, Republic of Ireland,
Channel Islands, Gibraltar
and Isle of Man
Option to buy shares under
employee savings plan
Continuing employment or
leavers in certain
circumstances
2011 to 2018
Deferred performance
awards
All Awards of ordinary shares Continuing employment or
leavers in certain
circumstances
2011 to 2014
Restricted share awards Senior employees Awards of conditional shares Continuing employment or
leavers in certain
circumstances and/or
achievement of performance
conditions
2011 to 2014
Long-term incentives (3) Senior employees Awards of conditional shares or
share options
Continuing employment or
leavers in certain
circumstances and/or
achievement of performance
conditions
2011 to 2020
Notes:
(1) Awards are equity-settled unless international comparability is better served by cash-settled awards.
(2) All awards have vesting conditions and therefore some may not vest.
(3) Long-term incentives include the Executive Share Option Plan, the Long-Term Incentive Plan and the Medium-Term Performance Plan.
(4) The strike price of options and the fair value on granting awards of fully paid shares is the average market price over the five trading days preceding grant date.
RBS Group 2010290
Notes on the accounts continued