Based on what logic? That EK managers had no idea what their pilots were paid until it was posted on PPrune? lol
Salaries are based on market dynamics - supply and demand, so a little more rationally: yes, T&C could be under pressure with the current excess of unemployed pilots. But bear in the mind the reason for the glut is an externality, a once in a century global pandemic, and as that eases the pendulum swings the other way. I've been through a few such cycles and no, it isn't "different this time". Extreme and prolonged, yes. But don't let recency bias take hold and think this lasts forever.
From your "you guys" comment you evidently weren't able to take part in the "magnificent savings", better luck in the next boom.