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Factor to Choosing A Company

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Hi guys. I like to know what all the factor we have to Think in making a decision to accept a offer from a Company .If we have another Offer in hand which one to choose. What all the things we can Think of. How we can express to another company that I am holding this offer. What Ration of hike can we demand with that company. What is the Average Salary Structure for java Developers with 2 Years Experience.

Is it a Professional Behavior by Accepting a Job Offer form a XYZ company and going for another company for a Interview ??.
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