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This June I completed my 9 months at Career Level 12 and Sub Level 3 I.e, CL 12.3 at Accenture Operations. My Annual Talent Discussion and One-on-One with People Lead is complete as of last week.
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You are in a position to negotiate as many times as you want if you have not accepted their offer. Once you accept, it's quite difficult.
Another offer plays in your favor if during the negotiation stage.