I was given a stretch opportunity in a new team 8 months ago, got the feedback I’m doing well, but there’s no opportunity to promote or give a raise. Do I have any bargaining chips here to negotiate or just an external offer?

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Any time you go above and beyond and learn some new things and show yourself to be more productive, you're collecting bargaining chips. They may not be working in your current organization at the present time, but they will age well. And they may look pretty good if you choose to move on to something elsewhere.

I think you have bargaining power. The question is how to best use it and what you want to ask for….has anyone else at your company been in a similar situation that you could maybe ask for advice?

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