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Staff costs and Directors Remuneration | 12 Months Ended
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Dec. 31, 2022
Staff costs and Directors' Remuneration |
Staff costs and Directors' Remuneration | Note 11 Staff costs and Directors’ Remuneration ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2022 | ​ | 2021 | ​ | 2020
Number of employees at year end (a) | ​ | 482 | ​ | 463 | ​ | 437
Amounts in US$ ‘000 | ​ | ​ | ​ | ​ | ​ | ​
Wages and salaries | ​ | 38,354 | ​ | 42,236 | ​ | 49,338
Share-based payments (Note 31) | ​ | 11,038 | ​ | 6,621 | ​ | 8,444
Social security charges | ​ | 5,528 | ​ | 6,863 | ​ | 5,712
Director’s fees and allowance | ​ | 1,172 | ​ | 2,853 | ​ | 2,094
​ | ​ | 56,092 | ​ | 58,573 | ​ | 65,588
Recognized as follows: | ​ |  | ​ |  | ​ |
Production and operating costs | ​ | 14,069 | ​ | 16,994 | ​ | 15,217
Geological and geophysical expenses | ​ | 7,490 | ​ | 6,219 | ​ | 12,893
Administrative expenses | ​ | 34,533 | ​ | 35,360 | ​ | 37,478
​ | ​ | 56,092 | ​ | 58,573 | ​ | 65,588
Board of Directors’ and key managers’ remuneration | ​ |  | ​ |  | ​ |
Salaries and fees | ​ | 10,317 | ​ | 9,069 | ​ | 8,641
Share-based payments | ​ | 8,728 | ​ | 5,759 | ​ | 7,170
Other benefits in kind | ​ | 171 | ​ | 296 | ​ | 232
​ | ​ | 19,216 | ​ | 15,124 | ​ | 16,043
(a) | Unaudited.
​ Directors’ Remuneration ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Executive | ​ | Non-Executive | ​ | Director Fees | ​ | Cash Equivalent
​ | ​ | Directors’ Fees | ​ | Directors’ Fees | ​ | Paid in Shares | ​ | Total Remuneration
​ | ​ | (in US$) | ​ | (in US$) | ​ | (No. of Shares) | ​ | (in US$)
James F. Park (a) | ​ | 601,002 | ​ | — | ​ | — | ​ | 601,002
Andrés Ocampo (b) | ​ | — | ​ | — | ​ | — | ​ | —
Carlos Gulisano (c) | ​ | — | ​ | 61,087 | ​ | 5,110 | ​ | 131,739
Robert Bedingfield (d) | ​ | — | ​ | 30,000 | ​ | 14,803 | ​ | 235,000
Constantin Papadimitriou (e) (f) | ​ | — | ​ | 167,500 | ​ | 7,335 | ​ | 267,500
Somit Varma (f) (g) | ​ | — | ​ | 32,500 | ​ | 27,306 | ​ | 409,755
Sylvia Escovar Gomez (h) | ​ | — | ​ | 35,000 | ​ | 15,510 | ​ | 249,755
Brian Maxted (i) | ​ | — | ​ | 32,718 | ​ | 2,244 | ​ | 61,953
Carlos Macellari | ​ | — | ​ | 30,462 | ​ | 2,244 | ​ | 60,082
Marcela Vaca (j) | ​ | — | ​ | 14,130 | ​ | 1,084 | ​ | 28,260
(a) | Chief Executive Officer until his resignation on June 30, 2022. As of July 1, 2022, Mr. Park signed a consulting agreement with the Company to act as CEO advisor and provide support and assistance in addition to his role as Vicechair, non-executive Director and Strategy and Risk Committee Chairman.
(b) | As of July 1, 2022, Andrés Ocampo has a service contract to act as Chief Executive Officer, and he relinquished his fees as a member of the Board.
(c) | Director until his resignation on July 15, 2022.
(d) | Audit Committee Chairman.
(e) | Compensation Committee Chairman.
(f) | Constantin Papadimitriou and Somit Varma, as members of the Strategy and Risk Committee, instructed by the Board, were awarded additional fees on their work related to specific projects and activities. The additional fees are included in the table above.
(g) | Nomination and Corporate Governance Committee Chairman.
(h) | Independent Chair of the Board.
(i) | Technical Committee Chairman.
(j) | SPEED Committee Chairm an.

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