Seems like solid advice.
One challenge in asking for a raise at larger companies is it can be difficult to find someone who can actually authorize a raise. A lot of times your manager is a tech lead and his manager has no budgeting responsibility.
One challenge in asking for a raise at larger companies is it can be difficult to find someone who can actually authorize a raise. A lot of times your manager is a tech lead and his manager has no budgeting responsibility.
Additionally, even if you do find out who can give you a raise, it may be impractical to get due consideration. I've experienced a situation where the CEO of the (large, listed) company personally reviewed all compensation changes and hiring offers. He was so busy (doing CEO stuff, presumably) that he'd often miss meetings with his direct reports (no-one would even know what city he was in) so imagine what it was like trying to get a resolution for an underpaid engineer on your team.
After a while of repeating "we're working on it" you start to look either disingenuous, ineffective, powerless - or all of those.
Edit: a word