It would be nice to have a pay scale where first and second year FOs can potentially make more money than a high school kid working at mcdonalds does. First year flight attendants at my company make more than a first year FO due to holding lines quicker and not being restricted by duty regs and a FA can get a job with no degree and no prior experience. The pay scale is an insult to someone with a 4 year degree and 5-10 years of job experience.
By third and fourth year pay I think the wage becomes pretty fair. It's still not an amazing paying job but it's enough to live comfortably on. First and second year pay really need to be fixed.