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If you are switching jobs:
"I'm leaving the company" is a phrase that will require a lot of courage. When pronounced at the wrong time or in the wrong manner, it can have a very negative impact on your career. You may get a working job offer you with another corporation where the pay out is higher, but you remain uncertain if that work place will undoubtedly be better then the current one. After all, it is not all about the amount of money. What if you later change your brain? After all, this is not an easy decision. Of course your boss can forgive you and take you back, nonetheless it is not guaranteed.
