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