The rule in plain words
‘identified staff’ cannot be more than total number of high earners.
All the values are in the MB management function column (0020).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
R_04.01.C: Of which: ‘identified staff’, MB Management function <= R_04.01.A: Total number of high earners, MB Management function
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark R 04.01 as reported.
- 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
Information on the remuneration of high earners - IFD (I) (R 04.01.a)
Row
- 0040Total number of high earners
Column
- 0020MB Management function
Information on the remuneration of high earners - IFD (III) (R 04.01.c)
Row
- 0050Of which: ‘identified staff’
Column
- 0020MB Management function
A worked example
The first of its checks, with simple numbers.
Total number of high earners must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 fails, by 100.
The numbers are illustrative.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{R_04.01.c,r0050,c0020,} <= {R_04.01.a,r0040,c0020,}Other rules on R 04.01.a
- Total number of high earners must equal number of other staff (v12635_m)Warning
- Total number of high earners must equal number of individuals in senior management (v12636_m)Warning
- Total number of high earners must equal the sum of its three parts (row 0040, v12637_m)Warning
- If total number of high earners is reported, total fixed remuneration in year N of all high earners must be reported (v12638_m)Warning
- If total fixed remuneration in year N of all high earners is reported, total number of high earners must be reported (v12639_m)Warning
- Guaranteed variable remuneration awards: if number of high earners is reported, total amount must be reported (v12640_m)Warning
- Guaranteed variable remuneration awards: if total amount is reported, number of high earners must be reported (v12641_m)Warning
- Severance payments awarded during the financial year: if number of high earners is reported, total amount must be reported (v12642_m)Warning
Every REM high earners (IF) rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.