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If you are switching jobs:
"I'm leaving the company" is a phrase that requires a lot of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative effect on your profession. You may get a working job offer with another corporation where the pay out is higher, but you remain not sure if that work environment will be better then the current one. After all, it isn't all about the money. What if you change your mind later? After all, this is not a straightforward decision. Needless to say your boss can absolve you and take you back, nonetheless it is not guaranteed.