Airline cash flow is a fickle beast.
Airline management knows pilots can destroy positive cash flow.
Their strategy in the previous decades, buoyed by unlimited supply of pilots was industrial wedges: Separate owned entities to lever terms and conditions.
Worked extremely well.
No longer.
Try not to focus on hourly rates, focus on the package, costed to put a pilot in a seat. IR will want pilot attention on what suits their narrative.
It is extremely difficult to generate operating revenue with aircraft chocked and pitot covers on.