I think one of the best mechanisms to ensure that money saved from ‘pay freezes’ and caps on pay increases, doesn’t just end up as management bonuses, is to have an incentive scheme similar to what the short haul award currently contains.
It might not be perfect, but At least it ensures that when the turn around comes and the bonuses are flowing, that there is a contractual obligation to share in the success.
It should cost nothing to have this type of scheme implemented in every award as they are signed up for this pay freeze, to have it sitting there ready for when the profits and management bonuses begin to flow again.