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I used a job offer as leverage at my current company to get a well deserved pay raise. I thought this was smart because I loved my job, I just wanted my pay to reflect industry standards. I was young and naive, so it never occurred to me that they would consider it a loyalty concern. They laid me off 4 months later, as soon as they were able to promote someone to replace me. The other offer was long gone, but I thankfully found a job making a bit more.