Its probably the same contract that was offered to all existing permanent staff this year, so external candidates are not being offered anything more or really anything less. The company in my own view (others i am sure will disagree ) is a great place to work. Yes terms and conditions aren't as good as BA/ThomsonFly/Virgin, but none of those airlines are actually hiring people (there may well be a correlation there). So again you watch your costs you keeps your job. There is a wide and varied route structure, F/O's were promoted this Summer to LHS and there is no antagonism between the crews. They tend to recruit to a base and seem to like people who are local to that base, if you are recruited to your home base i think 1) You are less likely to leave 2)most take a little less money as there are no major travelling expenses or and aren't renting a flat.
There is talk of expansion and more talk of flying longer distances, i am sure in the fullness of time. The CEO is open and appears in a crew room at various points to say hello and you are able to express your views to the Man at the Top and his number 2. There may have been some teething problems over last 8 months but it seems the management are going out of their way to keep channels of communication open.
You may not end up rich in this company in the way that a BA captain of 25 years service is rich but i reckon you will enjoy your flying and smile when you go to work.