I also just looked at my pay since I started flying the line at PSA. I divided the total credit hours by the total block hours. The equation totaled 1.61.

That means for every hour that I flew, they paid me 1.61 times my normal hourly rate. This includes extra money that I made flying SDO, junior man pay, training pay, cancellation pay, or Deadhead pay.

So, lets say that my company pays $5 less per hour than another company, but that other company does not pay cancellation pay or a pilot at the other company spends a year on reserve (so they can not collect extra trip rigs), then I will still make significantly more than a pilot at the other airline.

Simple hourly pay rates do not matter. At all. You can not compare companies based on hourly pay rates.

Graphs like the one you posted are misleading and are useless.