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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 incorrect period or in the wrong manner, it can employ a negative impact on your profession. You may get a job offer with another organization where the pay out is higher, but you are still not sure if that work environment will be better then the current one. After all, it isn't all about the money. Imagine if you later on change your brain? After all, this is simply not a straightforward decision. Needless to say your boss can absolve you and consider you back, nonetheless it is not guaranteed.
