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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 incorrect period or in the wrong manner, it can have a very negative impact on your profession. You can find a working job present with another company where the pay is higher, but you remain not sure if that work environment will undoubtedly be better then your current one. After all, it isn't all about the money. What if you change your mind later? After all, this is simply not a straightforward decision. Of course your boss can forgive you and consider you back, but it is not guaranteed.