Am I only in a good position to ask for money during negotiations if I have a competing offer? What if I wanted at minimum my base salary at current company?
Asking as an incoming software engineer

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the better you do in your interviews the better position you are to get more money. I negotiated extra RSU without a competing offer.

This might be helpful

https://m.youtube.com/watch?v=-6oaSP-TMFY

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The recruiter will give you the feedback themselves :) Ensure you are not doing it for your own validation, this is a commercial transaction and you are bringing the goods. Know your value.

Ask for your current +40% and receive a 20-30% bump. Just one of the approaches.

Research your role and living area and request that + some buffer as another.

Competing offers are nice, but not absolutely required if you are a good negotiator.

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I guess, this got to be negotiated using the "value" you'll bring into the role. Should anything about the current macroeconomic factors like inflation be also mentioned?

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