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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 wrong time or in the wrong way, it can have a very negative impact on your profession. You can find a job offer with another firm where the pay out 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 change your brain later? After all, this is not an easy decision. Needless to say your boss can absolve you and take you back, nonetheless it is not guaranteed.
