Earlier quoted context omitted.
I second his anecdote. Have received large raises twice, but had to negotiate hard for it, with offers from outside in hand.
Ah, the outside offer is an absolute game changer, which IMO puts it in the same league as actually changing jobs. Often you have to show that you are willing and able to leave for a much better salary to actually get the much better salary. If you are just internally lobbying for a salary increase at your existing employer, regardless of how successful you may be, how much revenue you are bringing in, etc. I would s…
That said, I did get a raise once with an outside offer. But I left just inside a year later.