After working for more than 10 years, I can say that there are no such thing as market salary. What exist is the market salary range. Market salary and market salary range are two different thing. So when a company say that they are paying you market salary it simply means that they pay you within that range. But the question is who know where is that range be as salary is P&C.

The range can be few hundreds to few thousands and whenever your company are not paying you the salary that you want or the one that you are worth and use the "market salary" as an excuse, then you know you are not being appreciated. Put it another way, YOU DON'T GET WHAT YOU WANT, so move on.....