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If you are switching jobs:
"I'm leaving behind the company" is a phrase that requires a lot of courage. When pronounced at the wrong time or in the wrong way, it can have a very negative impact on your profession. You may get a job present with another business where the pay is higher, but you remain uncertain if that work environment will be better then your current one. After all, it isn't all about the money. Imagine if you afterwards change your mind? After all, this is simply not a straightforward decision. Needless to say your boss can forgive you and take you back, but it isn't guaranteed.
