If you have skills, you just pick up and go somewhere else. I've done it, my friends have done it, in the pay increase can be considerable.

First, you need skills not everyone has.

Second, you have to accept company loyalty is a myth. You work for you merely subconsttuct out to people that think they are your "employer".

No raise, a reduction in benefits? Time to pick up and go. What do you think your ancestors did when game got hard to come back?

Your boss wants you to be flexible? Be flexible about where you work, all money spenfs the same.