Beagle,
What you say is so right.
The hourly rate, on offer back then, would have been great for WW but not so good for E/F crew unless you only did three day trips.
411A,
Iberia cabin crew are paid more that BA crew.
If you compare BA cabin crew wages (especially those of crew that joined after 97 but also all others) many of the other European 'Flag' carriers cabin crew earn more than BA cabin crew.