T;
You could also argue that a LBS makes sense for the JR pilots as they would get more pay now rather than later. That is important given the fact that compounding is how we will get the required funds for retirement.
The realities are that the LBS will save a ton in training costs which we will not come close to seeing converted to our pay, the issue sink pointed out, more money now, a bigger disparity in bidding authority(not QOL) from Junior to Senior, more pay now, a greater leveling of pay, and a ton more. The issue is contentious because there are really good pros and cons. A debate as always is warranted, but keep it civil.