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If you are switching jobs:
"I'm leaving the company" is a phrase that requires plenty of courage. When pronounced at the incorrect period or in the wrong way, it can have a very negative effect on your profession. You may get a working job present with another firm where the pay is higher, but you are still uncertain if that work place will undoubtedly be better then your current one. After all, it is not all about the money. Imagine if you afterwards change your mind? After all, this is simply not an easy decision. Needless to say your boss can absolve you and consider you back, but it is not guaranteed.
