As others have said, the problem at the moment is ‘if you don’t do it, someone else will’.
BUT, that doesn’t mean you should do it.
I worked for a firm a few years ago, and was on a day rate + night out money as a tramper, he decided to get night work for the truck, so I had to be back in the yard everyday no later than 18.30 which was great even though I was over a hundred quid per week down + putting 5 times as much fuel in the car, then 2 weeks later he said “I need to drop your day rate by £10, you’re not doing the hours you used to and the truck’s not earning as much”, I told him to ■■■■ off, 15hr days for a day rate replaced by 12 - 14hr days for same day rate, but now he wants to drop the day rate?? NO CHANCE. If he wanted it to work like that, he should pay hourly.
Anyway, he left my wages alone, but all the others took a pay cut, so 2 weeks later he was back at my cab door, so I quit on the spot.
I think, because the others took the pay cut, he thought he could replace me for the same money as he was paying them, but he couldn’t, lads took a pay cut because they already worked there, but when advertised at the new rate there was no takers, phone calls to me 3 times over the next 2 weeks and then company went bump 5 weeks later after 2 of the other drivers left.
If you’re happy with what you’re earning great, if you took the job knowing the wage then great, you can’t complain, but if they start attacking your wages and you bend over and take it, then you’re a muppet.
I know we’re all effectively having pay cuts by not having pay rises and the cost of everything going up, but that’s still not the same as an actual pay cut at the same time as everything going up.