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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 period or in the wrong way, it can employ a negative effect on your profession. You may get a working job offer with another company where the pay 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. What if you later change your brain? After all, this is not an easy decision. Of course your boss can forgive you and consider you back, nonetheless it is not guaranteed.
