Banken for en verden i endring The bank for a ... - BNP Paribas

Banken for en verden i endring The bank for a ... - BNP Paribas

• NRE appendices – social chapter

NRE social indicators 2006 Comments

16. Changes in remuneration On 22 December 2005, a wage agreement was signed following advance

negotiations for 2006. From 1 January 2006, the annual salary of

BNP Paribas SA employees increased by 1.20% with a minimum rise

of EUR 315. At the end of February 2006, BNP Paribas SA employees

received a one-off bonus of between EUR 500 and EUR 1,000, equivalent

to 20% of their basic monthly salary.

17. payroll expenses The Group’s payroll taxes for 2006 amounted to EUR 2,336 million.

The year-on-year increase was the result of the Group’s growth,

in particular the consolidation of BNL, which accounted for EUR 356 million

of the total amount.

18. Application of the laws of Titre IV Livre IV

of the Employment Code (Incentive plans

and profit sharing)

See Human Resources Development – Clearly identified operational

challenges – Creating loyalty through a competitive remuneration package,

p. 72 to 74

At 31 December 2006, the Group’s savings plans for current and former

employees held assets of EUR 3.9 billion, including EUR 3.5 billion

in BNP Paribas shares.

The geographical breakdown of staff outside France that took up

the 2006 employee share issue is as follows:

- Europe (55%),

- Asia (26%),

- North America (6%),

- Africa (5%),

- South America (5%),

- Middle East (2%).










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