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Time to bail. They can’t expect you to sit around forever and effectively make less money with rising costs.
Exactly!!
Leave but time it well
No annual appraisals either ? Ask about promotions, surely that'll result in a decent increment. If nothing is there in the immediate future, Leave !
Nope, no appraisals
Wish you the best for the next chapter of your career with an employer who pays your worth!
Have you talked to your boss about it?
Then yeah, what everyone else said