So I just got an outside offer that's paying 18% more than what I make now. Part of me wants to use it to negotiate with my current company but I've never done that before and honestly I'm scared of how it could go. Has anyone actually leveraged an outside offer at a corporate retail role and had it work in their favour?

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No - my advice is to take the other role.

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Will it be worth joining hcl at this PKG considering I am switching from TCS. Or should I take retention offer of 8.5 LPA.
Please give your advice.

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