Employees

• Number of employees declines to 111,456
• Personnel expenses down by 6.6%

Compared with the end of 2015, the number of employees in the BASF Group declined by 979 to a total of 111,456 as of June 30, 2016. On this date, 62.4% were employed in Europe while North America accounted for 15.5% of employees, Asia Pacific for 15.5% and South America, Africa, Middle East for 6.6%.

Personnel expenses fell by 6.6% to €4,923 million in the first half of 2016 compared with the same period of 2015. This was largely the result of the lower headcount, currency effects, and the reduced level of additions to provisions for the long-term incentive program compared with the corresponding period of the previous year. The first half of 2015 had also included the company anniversary bonus.