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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 wrong time or in the wrong way, it can employ a negative impact on your career. You may get a job give with another corporation where the pay out is higher, but you remain not sure if that work environment will undoubtedly be better then the current one. After all, it is not all about the money. What if you change your brain later? After all, this is not a straightforward decision. Needless to say your boss can forgive you and take you back, but it is not guaranteed.