GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 86 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 7. EMPLOYEE BENEFITS Group Company 2018 2017 2018 2017 RM RM RM RM Salaries and bonuses 47,926,607 42,364,011 7,806,931 6,655,197 Contributions to defined contribution plan 5,004,629 4,321,094 873,782 730,433 Social security contributions 482,982 363,706 44,168 35,105 Share options granted under ESS 1,018,945 18,962 375,097 18,962 Other benefits 5,151,189 2,463,257 377,876 583,673 59,584,352 49,531,030 9,477,854 8,023,370 Included in the employee benefits of the Group and of the Company are Executive Directors’ remuneration of RM1,471,513 (2017: RM1,692,726). 8. DIRECTORS’ REMUNERATION Group and Company 2018 2017 RM RM Directors of the Company: Executive: Salaries, bonus and allowances 1,020,000 1,169,231 Defined contribution plan 122,400 140,308 Social security contributions 923 1,174 Non-Executive: Fees 250,200 328,000 Allowances 49,490 54,013 Bonus 28,500 - Total 1,471,513 1,692,726 The estimated monetary value of benefits-in-kind received by the Directors otherwise than in cash from the Group and from the Company amounted to RM7,200 (2017: RM65,746).