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if I have to put in the work of finding another job because my salary situation is stagnant, I am going to be very bitter with my current employer

If you're that bitter then leave. More money doesn't fix a bad working situation. If you are vastly underpaid then likely the company is stingy in other places too.

I think there's an assumption that if an employee comes to you with a better offer looking for you to counter then its likely they would like to stay. If you had no desire to remain then you can just take the new job and move on.



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