You can also value your employer and expect your compensation to grow at a certain rate. Most line employees don't have enough influence over the business plan

You can also value your employer and expect your compensation to grow at a certain rate. Most line employees don't have enough influence over the business plan to point out that, say, it only works if the company can live with a high turnover rate or with keeping salaries low. None of this is personal. It's actually a big ask for someone to get paid under market rate or work on horrible legacy systems for years. Managers shouldn't take it personally if they ask for something big and don't get a yes.