PG;
Hindsight is always 20/20 and you never know until you are past the moment. That hold true for agreeing and realizing you left some at the table or holding strong and then watching the economy tank.
All you can do is take an educated guess when it is time for a decision and not look back on what if.
They made the correct decision at the time, imo. The changes to their work rules would have cost them a lot of money. I am not sure if many of them see that or just remember the pay change.