I'm on 160k at the moment. Had no merit increase in 2021 because of Covid and got a 4% merit increase this year. Manager tried to make it sound good by saying lots of other companies aren't doing well at the moment. I tried to convince my manager that companies have been significantly increasing their base salaries this year in a competition for talent but he wasn't buying it.
I said sure, and then decided to respond to some recruiters' messages. Landed a new job for 210k in a week. Fully remote too!
Know your worth, folks, even if your manager is constantly gaslighting you.