And the mother company pay is pretty bad at that - for the time being.
b777diver, your post is exactly what I said earlier in terms of if someone really wants to put a 747-400 on his licence ( I reffered to it as the "old banger") is not unhappy about the terms of employment, can do his 5 and a bit years then ****** off to better places, then SIA frieghter is the way to go.
But hopefully not many out there will take the companies "generous" offer to "join the team" and they will be obliged to review the contract.