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Directors' and key management remuneration
12 Months Ended
Dec. 31, 2021
Directors' and key management remuneration  
Directors' and key management remuneration

31 Directors' and key management remuneration

Directors and key management are remunerated for services rendered in the period. The executive directors may participate in the company's long-term incentive plans, executive share option and sharesave schemes and details of their interests in the company's shares arising from their participation are given in the directors' remuneration report. Details of the remuneration received by each director are also given in the directors' remuneration report.

Key management comprises members of the NatWest Group plc and NWH Ltd Boards, members of the NatWest Group plc and NWH Ltd Executive Committees, and the Chief Executives of NatWest Markets Plc and RBS International (Holdings) Limited. This is on the basis that these individuals have been identified as Persons Discharging Managerial Responsibilities of NatWest Group plc under the new governance structure.

    

2021

    

2020

Directors' remuneration

£000

£000

Non-executive directors emoluments

 

1,641

 

1,708

Chairman and executive directors emoluments

 

4,688

 

4,349

 

6,329

 

6,057

Amounts receivable under long-term incentive plans and share option plans

 

549

 

609

Total

 

6,878

 

6,666

No directors accrued benefits under defined benefit schemes or defined contribution schemes during 2021 and 2020.

Compensation of key management

The aggregate remuneration of directors and other members of key management during the year was as follows:

    

2021

    

2020

£000

£000

Short-term benefits

 

18,124

 

18,718

Post-employment benefits

 

380

 

474

Share-based payments

 

2,491

 

3,249

 

20,995

 

22,441