CC, I observe the following facts:-
There IS a pilot shortage.
The airlines can afford to pay more (currently experiencing excellent profits & because their opposition will have to pay more, the competitive position won't be compromised).
The management will return to the negotiating table (otherwise crew will leave for higher paying airlines).
Throughout the period of the Agreement (4 years), pilot salaries will increase significantly throughout the world (supply & demand), therefore it is madness to sign up to a shoddy offer.
Any moves by individuals to sign contracts is a very short sighted act which will leave them vulnerable when the shortage is not as severe and it undermines the collective actions of their peers.
It is always tempting to take a payrise now to have immediate access the slightly improved remuneration but by allowing time for negotiations to achieve a better outcome (& make management sweat) the rewards will be significantly better for the rest of their career.
GB