The assertion that “we” love to engage in a race to the bottom is tired and frankly ridiculous.
EBA’s in some blue collar industries might have such a clause that you speak of (I’d be curious to see one), No airline in their right mind would allow for such a clause as you speak of, it could ultimately be the difference between profitability or not, or worse.We can dream, but let’s keep things realistic in the context of what we have to do now.
It’s called an escalation clause and NJS has/had one in it’s 2017 EBA.
“From 1 July 2018, 2019 and 2020, the salary rates and overtime in this Schedule will be increased by 2.5% or CPI, whichever is the greater, and shall be cumulative on the previous year(s) increase.”
Many of the current and past EBAs are available via the FWC site so it may pay to have a good read.