All the research I have done online says that you should never quit your job on the hope of getting a salary increase. Even if one does the get the desired raise, things are never the same.
However, is it possible that the CEO expects notice to be given before going above the normal raise. I have talked to ex colleagues and every one of them has been asked if they would stay for more money or been offered more money. Nobody has taken these offers.
Again, this goes against everything that I found online. Is there some CEO manual that recommends this tactic? Should I call the bluff? I am convinced, this is his modus operandi but will things "be different" after?
Also, this question is not 100% related to having another job offer received. The scenario might mean the employee has time to get another job or even is interested in some extended time off. I am aware that I don't have to tell my employer any other reasons for leaving.