RBS 2013 Annual Report Download - page 397
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Notes on the consolidated accounts
395
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 117,100 (2012 - 123,500; 2011 - 129,200); on the same basis there were 3,700 people employed in discontinued operations (2012
- 15,000; 2011 - 15,100). The average number of temporary employees during 2013 was 10,300 (2012 - 10,900; 2011 - 11,400). The number of persons
employed in the continuing operations of the Group at 31 December, excluding temporary staff, were as follows:
2013 2012 2011
UK Retail 25,300 27,600 29,500
UK Corporate 13,300 13,000 13,400
Wealth 4,800 5,000 5,300
International Banking 4,100 4,100 5,000
Ulster Bank 4,700 4,400 4,400
US Retail & Commercial 18,700 19,200 20,000
Retail & Commercial 70,900 73,300 77,600
Markets 9,400 9,900 12,400
Central items 6,700 5,900 5,300
Non-Core 1,100 2,900 4,100
Business Services 26,600 26,700 27,500
Integration and restructuring 200 500 600
Total 114,900 119,200 127,500
UK 68,700 71,200 76,600
USA 21,400 22,300 23,100
Europe 8,400 9,200 9,800
Rest of the World 16,400 16,500 18,000
Total 114,900 119,200 127,500
There were no people employed in discontinued operations at 31 December 2013 (2012 - 14,300; 2011 - 15,100).
Share-based payments
As described in the Remuneration report on page 88, the Group grants share-based awards to employees principally on the following bases:
Award plan Eligible employees Nature of award (1) Vesting conditions (2) Settlement
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
2014 to 2019
Deferred performance
awards
All Awards of ordinary shares Continuing employment or
leavers in certain circumstances
2014 to 2016
Restricted share awards Senior employees Awards of conditional shares Continuing employment or
leavers in certain circumstances
and/or achievement of
performance conditions
2014 to 2015
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
2014 to 2019
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.