XML 24 R14.htm IDEA: XBRL DOCUMENT

Personnel expenses	6 Months Ended
Personnel expenses	Jun. 30, 2021
Personnel Expenses [Line Items]
Disclosure Of Employee Benefits Explanatory	Note 5 Personnel expenses For the quarter ended Year-to-date USD million 30.6.21 31.3.21 30.6.20 30.6.21 30.6.20 Salaries and variable compensation 2,945 2,871 2,696 5,816 5,258 Financial advisor compensation 1 1,183 1,170 941 2,353 2,035 Contractors 98 98 91 196 176 Social security 241 268 228 508 439 Post-employment benefit plans 173 2 265 202 439 438 Other personnel expenses 132 128 123 260 258 Total personnel expenses 4,772 4,801 4,283 9,573 8,604 1 Financial advisor compensation consists of grid-based compensation based directly on compensable revenues generated by financial advisors and supplemental compensation calculated on the basis of financial advisor productivity, firm tenure, assets and other variables. It also includes expenses related to compensation commitments with financial advisors entered into at the time of recruitment that are subject to vesting requirements. 2 Includes curtailment gains of USD 59 million, which represent a reduction in the defined benefit obligation related to the Swiss pension plan resulting from a decrease in headcount following restructuring activities.