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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require lots of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative effect on your career. You may get a job present with another firm where the pay is higher, but you are still not sure if that ongoing work place will undoubtedly be better then the current one. After all, it is not all about the amount of money. What if you change your brain later? After all, this is not an easy decision. Of course your boss can forgive you and take you back, but it is not guaranteed.
