PIXY, agree with everything you say - in particular the inevitability of a consequence to this lack of experience joining.
For those interested the past numbers below:
To put it in historical perspective - Pay increases /bonus since 2000.
I have combined step or lack thereof in the increase number and called it an increase for simplicity (yes I know step is not an increase)
I do not have profit share or Edu support allowance numbers from 2000-2007.
2000-2007 numbers were provided by a colleague
05/00
3%
05/01
5%
05/02
6%
05/03
3%
05/04
5%
05/05
11%
05/06,
10%
05/07
9%
Pay raise/profit share/Edu/housing since May 2008
05/08
12% 14 wks
05/09
0% 0 wks - GF Crisis - OT threshold 78>92
05/10
6% 3wks
05/11 (edu fund
32-40/54-60)
8% 12wks
05/12
3%
05/13 (edu fund
40-42/60-63)
3.5%
05/14 (staff travel erosion)
3% 3wks (edu
42-46/63-70)
housing up to16075pm for CAPTs, 14325pm FOs
05/15
3% 9wks (edu 46-47.5/70-72.5)
OT thresh 92>88h
05/16
3% 5wks (Steps + for Snr Capts, flying pay ^ +,ground pay, sim pay)
05/17
0% (The email of "all group pay on hold - no target this year")
05/18
3% 5wks (reason for prof share - no target, therefore any profit had to be share per formula)
05/19
0% 0
The Group target for 2019/20 is 2.8bn. 2.3bn achieved in 2018/19