This guy has Stockholm syndrome.
Doesn't matter how much value you generate for The Company. They're perfectly happy to take it from you for free if they can get away with it. Without bargaining power and leverage, either through unions or scarcity of labour, there's no natural limit to how little a company will pay it's employees.
Used to be that knowledge workers were scarce, now everyone is getting degrees. The scarcity of the engineering labour pool that meant people could get good jobs without a union is gone. If you want a good job, get a union.