The $7500.00 payment, plus the $7500.00 increase to the salary for the new work rules is a joke. Surely they don't think this will get passed?
For the extra productivity the new work rules will give the company, it should be at least 20K, plus 20K to the salaries - considering there is no overtime.
There is also no CPI increases each year, hence you are not even keeping up with the basic cost of living.
Add these to it, and it could be getting close.