I know this is a reference to GA but there are two trains of thought.... the GA Award (osiris - a search on pprune should pull up all the refernces) and what really happens out there. Most GA companies dont pay anywhere near award, may pay award base but no penalties or rarely they get paid all entitlements.
For example .... GA company up in the North pays per flight only, and has located pilots out on communities where they are expected to fend for themselves on megre wages (AU$200-250 pw), the ones lucky enough to be in a metro centre are not paid full award in many cases AU$350-480 flying single or twin IFR full time).
A lucky few work for a couple of the major companies who pay award plus penalties but a sad fact is many GA pilots live below the poverty line.