It would appear that way.
As one eminent poster points out, it's a great place to be if you're a captain (or TRE), earning up to £160,000 and all sorts of bonuses, share schemes and previous enrichment policies.
It is just as bad as anywhere else when you're setting out in your career though IMHO. Hourly pay and a long probation period initially, then a possible pay cut to ensure a permanent contract. Strange days indeed.
I wholeheartedly believe that Carolyn McCall needs to look in the mirror, as a prominent CEO of a supposedly enlightened organisation, and ensure that those previously offered positions are granted them in this round of recruitment. It would cost very little and would be of great moral (and morale) benefit. She has the power to ensure this happens.
A fish rots from the head down.