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If you are switching jobs:
"I'm leaving the company" is a phrase that will require plenty of courage. When pronounced at the wrong time or in the wrong manner, it can employ a negative effect on your career. You may get a job give with another corporation where the pay is higher, but you are still uncertain if that work place will be better then the current one. After all, it is not all about the amount of money. What if you afterwards change your mind? After all, this is simply not a straightforward decision. Needless to say your boss can forgive you and consider you back, but it is not guaranteed.
