Some people get raises but there's no across the board cost of living or salary increase just because. You can always ask for a raise but unless you're a favorite of your VP, it's unlikely you'll get one. Unlike normal companies - Oracle has no reason to incent employees to stay. If you don't like your salary, you can leave. I've had to deliver that message to my team many times and they seem to get it now, but there's no usual employee retention or desire to keep you happy. Oracle can replace you in seconds and often does. No one is special and no one cares if you stay or go. Unfriendly and harsh attitude but they get away with it.
This was taken from @Y80t6Vy-ham