galley hag...
Your concerns are most welcome.
Luckily we still live in a democracy, that being said, its all about choice, isn't it? (this is not a free plug for Jetstar!)
What may not be advantageous for some, who are under the mis-fortunate guidance that everything is handed to one on a silver platter, maybe advantageous to others. These people understand that companies need to run on profit. (look what happened to Ansett) Companies are there to provide you with employment, a decent wage, and a safe working environment. The rest is up to the employees attitude.
Whats your attitude like at work? Do you feel you are owed a wage, or do you work for one?
Times are changing, and in my view for the better. Maybe the people accepting these conditions, really want to do the job. They are not there for the money, bands, seniority, or to stay for 30 years. For a lot of people its about life experience.