Compensation Disclosure pursuant to Section 7 InstitutsVergV

2013 Variable Compensation awards (which exclude charges for prior year deferrals but include current year awards amortized in the future) were € 3.2 billion in total. The Group-wide deferral ratio (including EUAs) was 49 %.

Variable Compensation and deferral rates
Variable Compensation and deferral rates (bar chart)

 

2013

2012

in € m. (unless stated otherwise)1

CB&S

GTB

DeAWM

PBC

NCOU

Group Total

Group Total

1

Comprises the number of employees as well as the discretionary part of the Variable Compensation of Postbank.

Total Compensation

4,505

956

1,366

2,782

263

9,871

10,191

thereof:

 

 

 

 

 

 

 

Fixed Compensation

2,373

721

937

2,472

205

6,707

7,025

Variable Compensation

2,132

235

429

310

58

3,164

3,166

# of employees (full-time equivalent) at period end

25,608

11,502

11,465

46,800

2,879

98,254

98,219

All figures in the above table include the allocation of Infrastructure related compensation and number of employees according to our established cost allocation key.