It will be very expensive for management if pilots leave for better conditions elsewhere.
That would be very expensive for management indeed. It would cost them their jobs.
Don't expect a mass exodus to the Peaty Porter brand though; nor to the unmentionable airline based beside the bit of water between Arabia and Persia; nor to the not particularly pacific outfit adjacent to a notably smelly harbour in far away Cathay.
Not going to happen -- unless the silly buggers of the dinosaur union break the Company through a combination of stupidity and malice in the way that the NUM did.