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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 incorrect period or in the wrong way, it can have a very negative effect on your career. You can find a working job offer you with another corporation where the pay out is higher, but you remain not sure if that ongoing work environment will undoubtedly be better then your current one. After all, it is not all about the money. What if you change your brain later? After all, this is simply not a straightforward decision. Of course your boss can forgive you and take you back, nonetheless it is not guaranteed.