And a greater percentage of them would already be on the dole now if they went on their own, rather than deciding whether or not to engage in talks. Swings and roundabout.
Also, I think you're underplaying the impact of partnership. The average wage improvement in benign inflation environment that it brought is almost unparalleled in the developed world.
Who do you mean by "the employers", directors/senior managements?
I agree they shared disproportionately in the upside, but they are probably sharing disproportionately in the downside now (leaving aside the absolute level of compensation).
I'm not sure what ISME or IBEC can offer (flexible working, temporary unpaid leave possibly?), for many of their members their only goal is survival.