Re: I see nothing much has changed.
I work in the IT industry, when I want a pay rise I start looking for jobs and going to interviews at a different company. Leave means they have to negotiate you back and it they value me that much they will offer more than my new employer. The trouble is that directors do work like computer logic, so you need to think in a non IT way and be aggressive/pushy as possible when it comes to pay rises. It also never hurts to keep moaning to your boss about it, (like they care about you as a mate).