I have seen how this "paid by the hour thing" works for real with Brookfield pilots or pilots on high Sector Pay. This form of pay is a big safety hazard and should be referred to the CAA.
I have seen pilots flying when in my judgement they should have called in sick simply because they need the money.
I have seen pilots go into discretion where they shouldn't because they will loose the next day pay.
I have seen pilots who don't take leave because they can't afford it.
I have seen pilot depressed, stressed out and frustrated with their situation of feeling trapped and abused and not able to do anything thing about it.
How on earth contracts like this is possible in a modern world is beyond me.
The only ones that can stop this madness is the pilots within the airline. They are to blame not the Cadets.