HR news round-up: HR stories making the headlines 21 July 2010

A round-up of HR-related stories in today’s newspapers.

The average worker at investment bank Goldman Sachs is on course to scoop a pay and bonus package of £360,000 this year, the Daily Mail reports. Last year, the firm paid its workers an average of £308,000.

British Airways cabin crew have rejected the latest offer from the airline to settle the long-running dispute. A ballot held by the Unite trade union ended with a two-to-one majority against accepting what BA said was its final offer, reports the Telegraph.

The minister in charge of privatising Royal Mail has warned unions opposed to the plan that taking further industrial action would be “self-defeating”, according to the Guardian. Ed Davey also said there would be no government bailout of Royal Mail’s estimated £10bn pension fund deficit without selling off the company.

More than a quarter of all the money collected in council tax goes to pay the pensions of town hall workers, according to figures obtained by the Daily Mail. Council tax payers stumped up £5.4billion to maintain the gold-plated pensions of council staff, it said.

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