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If you are switching jobs:
"I'm leaving the company" is a phrase that will require plenty of courage. When pronounced at the incorrect period or in the wrong manner, it can employ a negative effect on your career. You can find a working job give with another business where the pay is higher, but you are still uncertain if that ongoing work place will be better then the current one. After all, it is not all about the money. Imagine if you afterwards change your mind? After all, this is not a straightforward decision. Needless to say your boss can forgive you and take you back, nonetheless it isn't guaranteed.
