My team is all well compensated, above top 5 US metro average, full remote and all highly technical.

It's surprising to me that out of 100 people no one asked for a raise after seeing a pool of money, although there's a lot of industries and types of employees out there.

It's a smart thing to do from the employee perspective-- I would do the same in their shoes, I don't hold it against them, I'm actually a big fan of ambitious employees, and I've granted their requests (maybe not the full value of their ask, but at least part) every time.

Your mileage may vary.