@4hxm+15xykPr0
Actually, I got pay raise like this two times already - first time in 2017, second time last year. In both cases I had offer from another companies. I sent the offers to my manager and he initiated some process for this kind of situation. It took a few weeks to get it approved though.
I stayed because HPE/DXC matched the salary and other benefits are better here (home office, sick days, better office location (no problem with parking), etc).
It is needless to say that I have the best FPR rating each year and I'm my manager's most senior and qualified employee - every year I get some relevant certification (or two).
I'm only L4, so I should qualify for announced pay rise, but who knows. If they spit in my face, I will look around for other companies. I'm fortunate enough to live in area where opportunities are plentiful.