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1126017
registered interest false more like this
date less than 2019-05-13more like thismore than 2019-05-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Flexible Working more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the contribution to the economy of home and flexible working. more like this
tabling member constituency Twickenham more like this
tabling member printed
Sir Vince Cable more like this
uin 253478 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-16more like thismore than 2019-05-16
answer text <p>We carried out an impact assessment in 2014 on the extension of the statutory right to request flexible working, estimating a total benefit (net present value) of £474.9 million. This figure incorporates monetised benefits relating to the extension of the right to request to all employees with 26 weeks continuous service and therefore does not take into account the flexible working among parents and carers that was already taking place prior to the extension.</p><p> </p><p>We are currently reviewing the 2014 extension of the right to request Flexible working to all eligible employees. The review will test the economic assumptions underpinning the cost-benefit analysis in the original impact assessment.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-05-16T13:38:20Zmore like thismore than 2019-05-16T13:38:20Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
207
label Biography information for Sir Vince Cable more like this