[MagicWishMonkey]

If your company doesn't appreciate enough to pay you market rate unless you explicitly ask for it, you're better off finding a different employer.

[ryandrake]

I've never, in 15+ years of employment, ever seen a company that will increase your salary simply to square you with market rate. It's always "here's your cost-of-living" increase (which is based on your current salary). Or, "You're doing a good job, here's a raise" (which has nothing to do with market rate). They will, however decrease your salary as market rate goes down.

[MagicWishMonkey]

I've never seen it happen, either, which is why I tend to jump ship every 12-24 months.

I really don't understand why companies are so nonchalant about employee retention.