Establishing pay banding in and of itself is going to precipitate tremendous training churn at a time when the capacity is last able to handle it.
Decoupling pay from productivity is a bad idea. But if that is the way this group decides to go there is a much more beneficial strategy for management and the pilot group.
Longevity based pay. The aircraft pay formula is simply tossed. And a pilot is compensated on years of service alone.
Sucks for the 2015 765B.......but hey, its great for me!
There are a lot of ways to skin this cat. Pay banding is a fundamental and permanent change, to a temporary problem. And solving temporary problems with permanent solutions is how more often than not we have screwed ourselves.