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If you are switching jobs:
"I'm leaving the company" is a phrase that will require a lot of courage. When pronounced at the wrong period or in the wrong way, it can employ a negative effect on your profession. You can find a working job offer with another company where the pay is higher, but you remain uncertain if that work place will undoubtedly be better then your current one. After all, it is not all about the amount of money. What if you later change your brain? After all, this is not a straightforward decision. Of course your boss can forgive you and hire you back, nonetheless it is not guaranteed.
