Question

To ask the Secretary of State for Business, Innovation and Skills, what the payback period is in relation to the one-off payment to staff in his Department who have opted to forego their entitlement to annual increment payments.

The payback period in relation to the one-off payment to the Department for Business, Innovation and Skills staff who opted to forego their entitlement to annual increment payment was estimated to be 6 years. This is based upon an assumption of 1% paybill increases year on year until 2020.