That kind of mentality is a large indicator of what is wrong with Corporate America and why the middle class will continue to get squeezed until there's nothing left of this Country but MBA's and bean counters at the top and entitlement people at the bottom.
That approach simply isn't sustainable in the long term. Make take a few more decades for people to figure out, but you can see it clearly from where people's standard of living was 30 years ago and where it is now in the U.S.
What did you have in mind?
Not debating rights or wrongs of Corporate America, but realize the reality and what is used against you, and guard yourself against it.
There is no reason to have such huge disparities in compensation (read: expenses) for doing the same job. In other words, the captain pay should be X, the FO pay should be some high percentage of X... PERIOD.
This whole 'rewarding' loyalty through longevity based pay is b.s. because you're opening yourself up to "why pay more when..." line of questions, and in turn you'll always be dragged down by your lowest paid pilot. In PCL case, why pay a 12 year captain when you have 3 year captain at GoJet.
Realize that the concept of 'putting in 30+ year at our companies and retire from there' is just no longer there. Give yourself the ability to vote with your feet. Right now, it's limited to business jet pilots and overseas airline pilots.
Now, I realize this change can't/won't happen overnight. ALPA has to wake up to new realities affecting your 21st century airline pilots and adapt to them. The concepts from 1972 and 2012 are worlds apart, yet ALPA is still stuck in 1972. What's worse, they're resistant to change, and in the end, it's hurting the pilots.