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Personnel costs and total operating costs

Slight increase in personnel costs as a share of total operating costs

Personnel expenses (millions of €), share of total operating expenses (%)

millions of €

 

 

 

 

 

 

Breakdown of personnel costs

 

2021

2022

2023

2024

2025

Payrolla

Group

14,350

14,808

14,309

14,670

15,152

Germany

6,209

6,106

6,039

6,050

5,868

Internationally

8,141

8,702

8,269

8,620

9,284

Social security contributions and company pension scheme

Group

3,206

3,271

3,218

3,234

3,446

Germany

1,483

1,501

1,407

1,419

1,449

Internationally

1,723

1,771

1,811

1,816

1,997

Adjusted personnel costs

Group

17,556

18,080

17,526

17,905

18,597

Germany

7,692

7,607

7,446

7,468

7,316

Internationally

9,865

10,473

10,080

10,436

11,281

 

 

 

 

 

 

 

Personnel costs as a share of total operating expenses

 

2021

2022

2023

2024

2025

Adjusted operating costs

Group

66,645

69,867

66,037

67,359

69,606

Germany

15,763

16,316

15,902

16,367

16,097

Internationally

50,882

53,550

50,135

50,992

53,509

Adjusted personnel costs as a share of total costs

Group

26.3 %

25.9 %

26.5 %

26.6 %

26.7 %

Germany

48.8 %

46.6 %

46.8 %

45.6 %

45.5 %

Internationally

19.4 %

19.6 %

20.1 %

20.5 %

21.1 %

a

Values for 2021-2022 adjusted retroactively due to IFRS15 correction.

Of the EUR 18.6 billion in adjusted personnel costs, 81 % – EUR 15.2 billion – is attributable to pay and salaries, up by 3.3 % compared to 2024. This increase is driven by the agreed salary increases from the collective agreements concluded in 2024 and 2025.

Expenses for social security costs and company pension schemes were EUR 3.4 billion. The company pension schemes allow employees to supplement their statutory pensions.

The overall increased personnel costs are also reflected in the slight yet continuous rise in its share of total operating costs by 0.1 percentage points.

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