Still others have thrown out raises without being pushed but they were critical organizational lynchpins getting 10% raises when the market would bump them 50% minimum. That's even worse.
Fundamentally, I think the surplus value from these tech workers who hate interviewing and get "stuck" with cost of inflation raises are often a lot more profitable than we'd give them credit for, and a lot of companies are happy to risk losing a high performer if it meant keeping 3 profitable grumbling malcontents on lower pay.