§ Mr. Nicholas BrownTo ask the Chancellor of the Exchequer how many people are currently in profit-related pay schemes; how many were in, in each of the years since it was introduced; how many registered schemes have existed in each year; and what is the distribution of schemes by number of people in them.
§ Mr. Maude[holding answer 25 February 1991]: The information is shown in the table. There were about 290,000 employees participating in PRP schemes at the end of January 1991.
Live registered schemes as at December 1987 1988 1989 1990 Number of participants 1–50 244 517 650 711 51–100 64 114 149 165 101–500 88 156 245 268 501–1,000 23 28 37 49 Above 1,000 11 15 31 40 Total schemes 430 830 1,112 1,233 Participating employees 72,000 122,000 226,000 263,000