I've been in my current role in a small business in the UK for over 10 years.
It was a startup, for which I worked the first few months for no wage, building up to the point where I was receiving the same salary as a previous role.
Approx 8 years ago I received my last pay rise of 5.4%, during this time my divdends have fluctuated, but over the last 4 years have been for our size of business, not bad. The biggest payouts have not been life changing amounts of money, maybe a couple of nice holidays and a bit of tech etc. My percentage holding in the company is very small.
For a while I've been thinking am underpaid even with dividends, three quarters of the non board level staff ultimately report to me. It's now at the point where I need my best payout of dividends to meet what my pay would have been now with just inflationary increments. I've also lost a fair whack into my pension because of this, which is one of my major concerns.
The only thing is I have a huge degree of flexibility, which due to some issues in my personal life I have needed, but this has never interfered with my work. These issues should lessen over the next few years also.
I can't work out how to position asking for the rise, I know I'll be told that I have to work harder to make the dividends greater, but this isn't something I can massively influence. I know if I bring pension up I'll be told that I could put my dividends into my pension etc.
I have a good amount of knowledge worth to the company, I also have a skillset that isn't elsewhere within the company. I have kept myself up to date with training and am currently upgrading my certifications.
I think am also floundering as I have not received any feedback on my performance for approx 9 years. So am not sure if it is felt I do a good job or not!