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If you are switching jobs:
"I'm leaving the company" is really a phrase that requires a lot of courage. When pronounced at the incorrect time or in the wrong manner, it can employ a negative impact on your career. You can find a working job give with another firm where the pay out is higher, but you are still not sure if that work environment 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 a straightforward decision. Of course your boss can absolve you and hire you back, nonetheless it isn't guaranteed.
