Not keeping salaries up with the market rate is standard operating procedure for most businesses. They'd rather keep your salary low and deal with turnover tha

Not keeping salaries up with the market rate is standard operating procedure for most businesses. They'd rather keep your salary low and deal with turnover than give you the raise you deserve. If the market rate for your position is 50% higher than what you're making now, it doesn't matter. You basically have two options. Ask for the raise or quit for someone who will give it to you. It doesn't have to be FAANG. As anecdata, I was severely underpaid at my previous job (Not FAANG, but still a very well-known Fortune 500 tech company), my direct manager fought for a promotion and raise for me, but they only gave me 7%. I quit a couple months later for a startup and literally doubled my salary, and made it no secret to my former employer that salary was my #1 reason for leaving.