§ The Parliamentary Under-Secretary of State for Work and Pensions (Maria Eagle)
Remploy's achievement against its targets set by Government for 2002–03 Target Achievement Gross Margin the Company will Achieve Gross Margin of £53.7m £53.7m £52.7m Progressions from Remploy Factories to Interwork and to open employment 2,000 2,138 Of which progressions to open employment 1,400 1,610 Unit Cost—operating deficit per disabled worker £10,173 £11,484 Employee Development Time 5% 5.7% Remploy will publish its Annual Report and Accounts in the Autumn giving further detail of its performance throughout 2002–03. Copies of the Annual Report and Accounts will be placed in the Libraries of both Houses.
In addition, I have, on behalf of my right hon. Friend the Secretary of State for Work and Pensions, written to the Chairman of Remploy approving the 2003–06 Performance and Resources Framework between the Department and the Company. The Performance and Resources Framework includes targets for the coming year. The agreement has been negotiated by the Chief Executive of Jobcentre Plus on behalf of my right hon. Friend the Secretary of State for Work and Pensions. The Targets for 2003–04 are:
- a total of 1,650 progressions from Remploy factories or Interwork to mainstream unsupported employment;
- Remploy Ltd. will keep within an average cost per supported employee of £10,400;
- the Company will achieve a gross margin (sales less cost of materials) figure of £55m;
- the Company's Employee Development time will be at least 5 per cent. The full Agreement for 2003–04 will be placed in the Library.