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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 period or in the wrong manner, it can have a very negative impact on your career. You may get a working job give with another business 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 money. What if you later change your mind? After all, this is not an easy decision. Of course your boss can absolve you and hire you back, but it is not guaranteed.