Your comment also answered why T&C wont rise. In Australia there is a willing stream of those who would pay to get into the job, the airlines have only just started to consider paying for training up pilots. They will pay for training before any real rise in pay occurs. There's still pay for your own endorsement companies around, until they are all gone and cadetships are company funded, then you will see change as there will be no other option than to pay more to keep things moving.