I think it's worth reiterating what Pilot Pete has said in his post. I work for another of the larger charter airlines and they too have reduced the entry level package for new joiners. Not really becasue they need to in order to compete commercially, but because they can, and pilots will still join as it is still better than Ryanair. So this mind set that a pilot will join Ryanair, get a type rating, some experience and a command and then leave is increasingly flawed.
All pilots in the industry need FR to sort it's problems out when it comes to the overall package. The real, long term and viable solution is to join REPA and solve the issue. It will help everyone. There can be little doubt that Ryanair and Easyjet are the future for short haul scheduled flying, so it is vital that you in these airlines sort it out - for everyone!