I am a programmer | jacquesmattheij.com

A change in rank, title or responsibilities without a significant change in pay is as good as useless, that's just a sweetener to keep you in line. But it's very well possible to keep the same rank and title and have your pay increased dramatically.

What you need to do for that is to move to a company that values its employees as more than cogs in a machine and interchangeable units to be plugged in to people shaped slots. You will need to trade job security for some risk because smaller companies are typically more fragile.

Those places do exist. The reason why it will be hard to be employed in such a place is not because they are rare but because turnover in such places is very very low. One thing will likely stand out: such places will place a bonus on creativity and will nurture it rather than beat it into the ground, demands placed on employees will typically be higher and the managers there will be secure enough that they will hire people smarter than they are. As a result you'll find that the people working there are typically quite a bit happier than those working in your average cubicle farm. The employees in such places are share or stakeholders, and sometimes they are co-founders as well.

Welcome to Agaric, and many other co-operatives.