If you're a Network/Software Engineer in RTP or Richardson with 5+ years experience and not breaking 95K (base salary) leave Cisco. Cisco is notorious for paying 10-30% below market rate. And if you're red badge looking to be converted to blue, under no circumstances accept a pay cut during the conversion process because you are told "the benefits make up for it".
The Cisco today is the not the same Cisco from 20 years ago, so stop assuming you'll get that raise or that promotion. Cisco is a self-serving, cut-throat, back-stabbing establishment. Leadership is wildly out of touch and holds little regard for those with technical prowess. Do yourself a favor and evacuate this sinking ship. Stop being complacent, step out of your comfort zone, and find yourself a company that values and pays for talent.