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Personnel expenses
12 Months Ended
Dec. 31, 2019
Personnel expenses  
Personnel expenses

17. Personnel expenses

 

Personnel expenses included in cost of sales, research and development, and selling and administrative expenses are comprised of the following:

 

PERSONNEL EXPENSES

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2019

 

2018

 

2017

 

(€ in thousands)

Wages and salaries

13,885

 

12,772

 

10,769

Employee stock option plan

671

 

604

 

386

Social security contributions

2,710

 

2,527

 

2,197

Total

17,266

 

15,903

 

13,352

 

voxeljet AG offers to its employees a defined contribution plan called “MetallRente”. The contributions paid by the Company amounted to kEUR 66, kEUR 61 and kEUR 62 for the years ended December 31, 2019, 2018 and 2017, respectively and is presented within social security contributions. The employer’s contribution into the mandatory German state plan amounted to kEUR 889, kEUR 849 and kEUR 710 for the years ended December 31, 2019, 2018, and 2017, respectively.