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If you are switching jobs:
"I'm leaving the company" is really a phrase that requires a lot of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative impact on your career. You may get a job offer you with another firm where the pay is higher, but you remain not sure if that work environment will undoubtedly be better then the current one. After all, it isn't all about the money. What if you afterwards change your mind? After all, this is not an easy decision. Of course your boss can forgive you and hire you back, nonetheless it is not guaranteed.
