Not in my experience. My company spent months waffling over a raise for me. My boss suggested that I look for work elsewhere and then used it as bargaining chip

Not in my experience. My company spent months waffling over a raise for me. My boss suggested that I look for work elsewhere and then used it as bargaining chip and got me the raise. I can't easily be replaced and as long as what they're paying me is less than what I'm making them, they don't want to lose me. Everyone's situation is different however.