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Well if business is booming in your industry, one way to validate your worth is to go into the market and see what other companies think you are worth.
It is unfortunate but has been true for time immemorial that the best way to keep up with the market is to move from time to time. The long term employee is so often overlooked. It is not because you are not valued but that management just does not think.
Maybe by talking about the market value with your manager will get them to think.
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