At the end of the day it's all a matter of attitude !!!
Even a first year FO (who the company has spent a considerable amount of money training) when you add DTA allowances, annual profit share and free annual shares gifts is earning more than the average wage (50K).
From the top you have just revealed your attitude towards your pilots, and frankly it will be the death of you and Rex. If you are in fact tech crew, then go live it up in Sydney supporting your family on your “not too bad” 80k salary.
You do have a smell of management though, as well as a smell of company arrogance and desperation
Most operators there days, after a period of time will give pilots a second interview if they can prove they are still keen and have gained extra experience/knowledge etc. For those still interested maybe this would be an option worth persuing.
80k after 3 years of hard loyal service – maybe not worth pursuing.