Salaries
Yes the salary is low but it is BETTER than some other companies pay for similar work in Europe. Also Rainboe is unfortunately right, contract rates have gone down to doldrums in the last 6 months. Companies are using the bad economy to cut T&C left and right.
If unemployed accepting low salary and bad conditions could be the only viable way to stay current and wait for the better times. Certainly some of the companies would not be even considered during better times by anyone even remotely employable.
When the economy hopefully some day comes up again El Cheapo operators will be losing pilots in hordes to companies that have better offers. Until that we are, I am sad to say, Fudged beyond all hope.