It's too bad, but profit sharing, even a small token percent, would go a long way towards employees making the company work more efficiently. 3-5% gains in productivity and efficiency wouldn't be unsurprising if the employees had a dog in the fight. As it is we're being treated like outside contract workers, no incentives whatsoever to help out the company.
Plus, with the mediation board saying no matter how great we make the company we'll be held to an arbitrary pay raise percentage, there is certainly an arbitrary level of employee give-a-shxt associated with that. Spirit can't grow and thrive without employee buy-in, and a bottom tier contract with no profit sharing (while corp mgt rakes in the cash themselves) is not the way to get any sort of employee buy-in.