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If you are switching jobs:
"I'm leaving the company" is a phrase that requires plenty of courage. When pronounced at the wrong period or in the wrong way, it can have a very negative impact on your profession. You may get a working job give with another business where the pay is higher, but you remain not sure if that work place will undoubtedly be better then the current one. After all, it isn't all about the money. What if you afterwards change your brain? After all, this is simply not an easy decision. Needless to say your boss can absolve you and consider you back, nonetheless it is not guaranteed.
