Can we please just stick to the facts!
As far as I can see, this is IN LIEU of a 2006 pay increase, which would have been (maybe) 2-3%.
How many £2 sectors does a First Officer need to do to add up to a 2-3% pay increase? Assuming of course that you don't go sick.
Sectors 3-8 in a day's work accrue extra, by the way.