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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require a lot of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative impact on your profession. You may get a job give with another firm where the pay out is higher, but you remain not sure if that work place will be better then your current one. After all, it is not all about the amount of money. What if you change your brain later? After all, this is not an easy decision. Needless to say your boss can absolve you and hire you back, nonetheless it isn't guaranteed.