SALARIES AND EMPLOYEES BENEFITS (Tables)

12 Months Ended

Dec. 31, 2021

SALARIES AND EMPLOYEES BENEFITS [Abstract]

Components of Salaries and Employees Benefits

This item consists of the following:

	2021		2020		2019
	S/(000)		S/(000)		S/(000)
Salaries		2,090,835		1,958,770		1,816,939
Vacations, medical assistance and others (i)		342,435		285,891		360,334
Additional participation (ii)		342,065		165,859		243,787
Bonuses		280,568		271,712		264,171
Social security		213,640		209,782		200,935
Workers’ profit sharing		165,091		164,716		252,850
Severance indemnities		159,845		151,725		151,945
Share-based payment plans		73,997		104,499		120,062
Total		3,668,476		3,312,954		3,411,023

(i) The variation corresponds mainly to severance indemnities. Also, after the change in the modality of on-site modality to the hybrid/remote mode due to the pandemic, an increase in connectivity bonuses was generated.

(ii)
The variation is mainly due to higher provisions for additional participations, since given the COVID-19 situation in 2020, a lower provision was made for this concept.