I would hope you vote based on what the pilots you represent want, and not what you personally want. I would not want my reps to vote for a contract that has a NET pay cut either, but I will also look at the contract as a whole before I judge one section as a NET pay cut.
The block or better per leg will add about 3-4 hours credit per month.
The min day will add about 3-4 hours credit per month.
The leg guarantee will protect any loss in credit from a cancellation (never had it, so I won't guess at hrs saved).
The 75% DH pay will add credit to our current pay.
Etc., Etc., Etc.
Overall a $75-$100 increase in medical sounds as a pay cut, but when you look at all the other advances (a lot better than the TA), it's not a pay cut at all. And for the 9L and XJ guys, it's actually a savings.