CIPO, you too seem somewhat misinformed about the job market. You reckon after you have finished taking it up the a$$ for a year at FR you can go off and get something better? Well, sorry to break the bad news but as FR gets away with this sort of BS, the rest will try to drag their T's and C's down to the same demeaning level. Then your hoped for greener grass will look a similar shade of brown to FR and you will only have 30 odd years to retirement (on a crap pension). I suggest you switch off MS flightsim and talk to some real airline pilots about T's and C's (and I don't mean high seniority people at BA etc on old contracts, which none of us will ever get) and have a look at the Terms and Endearments thread. You, and many other wannabes, may find the experience quite educational, as well as depressing.
The sooner people realise that accepting FR's conditions is only an illusory gain and that they are in fact destroying their own future, the better for us all.