Let's put a few things in their proper light:
1) Managements pay cuts, only one year, then back to their former level
2) Management will reap larger bonuses due their cost cutting on all budgets
3) Trainers and Checkers have apparently been given a higher housing allowance, and in some cases a "secret" salary deal (not verified but there is evidence)
4) Senior levels of the company will see their compensation increase over this period, while all the regular staff (pilots/FA's/others) will see a catastrophic decrease in theirs
5) Management retain their gold-plated medical benefits for themselves and their families. Our families are thrown to the wolves if you have a serious illness