Stakeholder hold-upOn 29 Feb 2000 in Personnel Today Previous Article Next Article This week’s news in briefThe Government has fudged making a decision on whether to allow members offinal-salary pension schemes to hold a stakeholder pension as well. In astatement released last week, the DSS said it would not allow parallelmembership of a stakeholder and a final-salary scheme for high earners andcalled on the industry to argue how low and moderate earners might be allowedto be members of both. Experts have warned that if parallel membership is notallowed that final-salary schemes will be put under threat. Consultancy WilliamMercer described the move as “disappointing”.www.dss.gov.uk Pay gap remainsThe pay gap between high and low-paid workers is still not being eroded,according to a study by the Manchester Low Pay Unit. But the report found that thelowest paid occupation, kitchen porters, received the highest increase inearnings between 1998 and 1999.Work stress guideThe British Library has published a guide to help managers recognise thedangers of workplace stress. The book, Employment and Health: psychosocialstress in the workplace, covers issues such as defining stress, the impact onthe workplace, personality traits and responses to stress and stressmanagement.www.bl.uk Health staff pay dealUnison’s 180,000 healthcare members not covered by pay review bodies havevoted by a majority of 60 per cent to 40 per cent to accept a three-year paydeal. Admin, ambulance, ancillary, clerical, craft, laboratory, maintenance,professional and scientific employees will receive £250 or 3 per cent,whichever is greater, backdated to 1 April 1999. The increase from 1 April 2000will be £300 or 3.25 per cent, and from April 2001 to 31 March 2002 theincrease will be at least the rate of inflation plus 0.5 per cent. Comments are closed. Related posts:No related photos.