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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 incorrect period or in the wrong way, it can employ a negative effect on your profession. You may get a working job offer you with another firm where the pay is higher, but you remain uncertain if that ongoing work place will be better then the current one. After all, it isn't all about the money. What if you change your brain later? After all, this is not an easy decision. Needless to say your boss can absolve you and hire you back, nonetheless it isn't guaranteed.
