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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require plenty of courage. When pronounced at the wrong period or in the wrong manner, it can employ a negative impact on your career. You may get a job offer you with another business 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 isn't all about the money. What if you change your brain later? After all, this is not an easy decision. Needless to say your boss can forgive you and take you back, nonetheless it is not guaranteed.
