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If you are switching jobs:
"I'm leaving the company" is a phrase that will require lots of courage. When pronounced at the incorrect period or in the wrong manner, it can have a very negative effect on your career. You may get a working job present with another business where the pay out is higher, but you remain uncertain if that work environment will be better then your current one. After all, it isn't all about the amount of money. Imagine if you later change your brain? After all, this is simply not an easy decision. Of course your boss can absolve you and hire you back, but it is not guaranteed.
