Thursday 7th September 2017

(6 years, 10 months ago)

Written Statements
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Mark Field Portrait The Minister for Asia and the Pacific (Mark Field)
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FCO Services operates as a trading fund of the FCO. I have set it the following performance targets for 2017-2018:

A return on capital employed of at least 3.5% (statutory commitment);

An in-year surplus before financing and dividend costs;

A productivity ratio of at least 80%, measuring actual billable hours vs. available billable hours;

A customer satisfaction result of at least 80%;

An overall improvement on the average 2016 index Your Say score for “Employee Engagement” measuring above 58%; and

An overall improvement on the average 2016 index Your Say score for “My Manager”, measuring above 62%.

FCO Services will report to Parliament on its success against these targets through its annual report for 2017-2018.

[HCWS120]