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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 manner, it can have a very negative impact on your career. You may get a working job offer you with another corporation where the pay is higher, but you remain not sure if that work environment will be better then the current one. After all, it isn't all about the amount of money. What if you afterwards change your mind? After all, this is not a straightforward decision. Needless to say your boss can absolve you and hire you back, but it isn't guaranteed.
