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If you are switching jobs:
"I'm leaving the company" is a phrase that will require lots of courage. When pronounced at the incorrect period or in the wrong way, it can employ a negative effect on your career. You may get a working job give with another corporation where the pay is higher, but you are still not sure if that ongoing work environment will be better then the current one. After all, it is not all about the money. Imagine if you later change your mind? After all, this is simply not a straightforward decision. Of course your boss can absolve you and consider you back, but it isn't guaranteed.
