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If you are switching jobs:
"I'm leaving the company" is really a phrase that requires a lot of courage. When pronounced at the incorrect time or in the wrong manner, it can have a very negative effect on your profession. You can find a working job give with another company where the pay is higher, but you remain uncertain if that work place will be better then your current one. After all, it isn't all about the money. What if you later change your mind? After all, this is simply not an easy decision. Of course your boss can forgive you and consider you back, nonetheless it is not guaranteed.
