I believe we are in the position of having it "both ways".
Our pay shall not move up and down with profitability like a ceo's because we have a contract that states what we make. However, the management team is paid substantial incentives when profit goes up and this is a sign that we are doing well as a company.
Brad's pay went way up=no concessions needed. However, SKYW did not get a billion dollars in the bank by paying Skywest pilots what they were actually worth to the company.