[partisan]

In a case like this, management can either see the dilemma they are in or pretend it isn’t happening. If they pretend it isn’t happening then life will be very miserable for you. They will expect the same turnaround and throughput that they are used to and you will be on the hook to deliver.

If they accept the situation then they may well decide to de-risk your team. That could come from bringing someone trusted over from another team and putting them in charge or by fully outsourcing the work. In that case, you do not benefit from the upside of being the critical member in the long term.

So. I don’t think that staying the works in the long term and I think you will be facing an uphill climb in the interim as the company gets its bearings. Get the pay increase in the interim if possible.