Any employer who retaliates is not worth working for anyway!
You're likely to get a raise without asking in most companies. The bureaucratic levels system is designed as a counter to people forcing salaries beyond their ability. But like someone said, you know your team better than us.
First, if you are truly the linchpin, you’re likely working over/above your position. So make the case that you are a rank N employee doing N+1 work.
Alternatively, try the market adjustment route: you are doing more than your role, and you’re already being underpaid for that role.
As a manager IDGAF about these typical asks for raises. It’s part of the job. What I do care about is the “pay me +X or I leave” games - those suck to deal with and are often a card you can play once.
But while we are all worried about job security, things are extra tight for employers right now: if I lose one of my employees, it’s very likely that I’d face an uphill fight to hire someone to replace them because my boss / her boss would claim that as a win for their budget. So you do have some room to maneuver here.
"one of the only people" implies that you are not alone with the extensive knowledge. If they fired you could they still continue? Are the management even smart enough to know how much they don't know? or how vulnerable they are?
I have had many bad experiences with managers who could consider your demands for a raise as a form of ransom. Consider @jerryu's suggestion.
I once wrote about this, and FWIW, a few people have found it interesting
https://stonecharioteer.com/posts/2022/two-of-three-rule.htm...
My two are: people and pay. When pay begins to feel like it sucks, it usually means I'm fed up of the people.
I'm not sure how common this is, but retention bonuses for people who weren't made redundant are definitely a thing. It's just a nicer way of phrasing the same thing. And totally a fair thing to ask for. One way to justify it would be higher workload and/or more responsibilities.
Not sure if you are in tech, but if you are, the tech job market is at an interesting point right now. Cost of labor is likely going to be trending down as companies stop paying top % for engineers, FAANG stops hoarding talent, and more people enter the job market from layoffs.
If you are able to shop around for a job and get a few offers, that will put you in a better position to negotiate. Just be ok jumping to one of those offers if you don’t get the raise.
- search for another job
- be confident about 1 or 2 offers (maybe even go ahead and do a couple of interviews to be even more confident about your chances to switch jobs)
- ask for a raise as you would usually do (you don't need to mention you may switch jobs)
Deserve is not the same as need, or want though.
It depends on your delivery and their attitude. I’ve been asked several times to give people raises. If they were worth it, I honored it. If not, I either told them to go get an offer somewhere and bring it back and I would match it, or that the time wasn’t right.
Hopefully you work for mature people who would see this as an opportunity for a discussion.
Is the intent of such an approach to encourage those employees to take the other offer since it was already stated that they aren't perceived as worthy of a raise in their existing position? Why would coming back with a higher offer make them more valuable after they were basically already told no? Doesn't that seem a bit adversarial? It kind of puts the employee in an adversarial position as well, since if they really want the raise they would have to come back with a sort of "I told you so" proof that others value them more. How does that affect the working relationship?
Occasionally the answer from above will be “no” because budgets are tight and it’s a bad time to be handing out money, but if I have an offer to match in hand it simply gets more attention.
I have advised my direct reports to go get an offer if they could, and it was not because I wanted them to leave. I wanted them to have the best chance at getting that raise they wanted.
I also want them to do the best thing for themselves, so if they have an offer and I can’t match it, good for them they should take it. For them it’s win/win, it only sucks for me if I can’t match.
Sometimes you just have employees constantly asking for an out-of-cycle raise or promotion. And sometimes they are mediocre but have an inflated perception of their abilities or contributions.
Pay should reflect personal contributions and market conditions. If they think they are worth some percentage above a normal engineer’s salary based on their location, they need to do the research and convince me.
The best engineers I work with get a raise or promotion any opportunity that I can, even without asking.