I agree with everyone here that sometimes management, especially in big corporations, is tone deaf to the needs of employees and do many things poorly. They spend money on things that don't make the employees happy and avoid things that do.
On the opposing side, many employees think they should be paid more because they overspend and can't make ends meet instead of because they do a good job and bring value to the company. Companies cannot pay employees more than the value brought to the company by each employee. The cost of employees is more than just the salary. It includes salary, benefits, taxes, training, & equipment needed to make the employee productive. Many employees think they are underpaid when they are actually overpaid based on the value they bring. The best way to get management to recognize your value and either pay you accordingly or give you life/work flexibility is to do such a good job that they can't live without you. Working harder, working smarter, always finding something useful to do and never sitting around doing nothing productive will get you a long way. Finding ways to cut costs or be more efficient and bringing that to the attention of management is also helpful. If you do these things, then you can approach management and point out the value you bring and why you are actually worth what you want to be paid instead of asking for a raise because you want it.
Sorry if I sound pro-business and not pro-employee. I have just seen the other side. There are businesses who undervalue their employees and don't pay them enough or don't treat them with respect. There are also employees that always want more without putting in the effort to be valuable. Both parties are wrong.
I am a small business owner. We have made every position, that we can, into a part or entirely commission/bonus structure so our employees "give themselves raises" by bringing value to the business. We always have employees that make more than either my husband or I and frequently have at least one employee who makes more than us combined. They work for it, though. If they are making good money, it is because they have brought value to the business and raised the value of the business. In that case we are thrilled to pay them their large pay.