It certainly sends a message to the crew, you ain't going to get a decent increase in years to come, I would state that this is the end of what is left of the rainbow!!! They use to have a pretty high entry level standard, this has slowly started a trip downhill - nothing against a TP pilot but, at entry level, they're actually not on par with an ex wide body pilot.
Good luck to all the TP pilots, it's certainly an opportunity but do your homework first.
Has the race to the bottom been won yet?