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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 wrong period or in the wrong way, it can employ a negative impact on your career. You may get a working job give with another firm where the pay is higher, but you remain not sure if that ongoing work place will be better then your current one. After all, it is not all about the amount of money. Imagine if you change your mind later? After all, this is not an easy decision. Of course your boss can forgive you and consider you back, but it is not guaranteed.