Notes to the Financial Statements

29. Employees

	2023 €’000	2022 €’000
Staff costs comprise:
Wages and salaries	13,586	12,358
Allowances	451	420
Overtime	561	557
Social insurance costs	1,518	1,333
Severance payments	367	-
	16,483	14,668
Capitalised payroll costs	(1,410)	(1,246)
	15,073	13,422
Other pension costs - Defined Benefit Schemes (see note 31)	480	1,162
Other pension costs - Defined Contribution Scheme (see note 31)	1,322	1,103
	16,875	15,687

Of the total staff costs €1,410,000 (2022: €1,246,000) has been capitalised into tangible fixed assets and €16,875,000 (2022: €15,687,000) has been treated as an expense in the Profit and Loss account.

The average number of persons employed by the Company during the year was 150 (2022: 150).

Short-term employee benefits

	2023	2022
€	No. of Employees in Band	No. of Employees in Band
50,000 – 74,999	41	60
75,000 – 99,999	53	46
100,000 – 124,999	22	19
125,000 – 149,999	15	10
150,000 – 174,999	8	2
175,000 – 199,999	3	4
> 200,000	1	-

Short-term employee benefits in relation to services rendered during the reporting period include salary, overtime, allowances and other payments, but exclude employer’s PRSI.