Integrated Report 2019 | PGE Capital Group

31.3 Management remuneration

The key management comprises the Management and Supervisory Boards of the parent company and significant subsidiaries.

PLN '000 Year ended
December 31, 2019
Year ended
December 31, 2018
Short-term employee benefits (salaries and salary related costs) 34,214 36,163
Post-employment benefits 1,672 4,624
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL 35,886 40,787
Remuneration of key management personnel of entities of non-core operations 22,875 19,664
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL 58,761 60,451

PLN '000 Year ended
December 31, 2019
Year ended
December 31, 2018
Management Board of the parent company 7,201 7,858
including post-employment benefits 199
Supervisory Board of the parent company 733 685
Management Boards – subsidiaries 24,348 29,211
Supervisory Boards – subsidiaries 3,604 3,033
TOTAL 35,886 40,787
Remuneration of key management personnel of entities of non-core operations 22,875 19,664
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL 58,761 60,451

PGE Group companies (direct and indirect subsidiaries) apply a rule according to which management board members are employed on the basis of management services contracts. The above remuneration is included in other costs by nature disclosed in note 7.2 Costs by nature and function.

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