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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require plenty of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative impact on your career. You can find a job offer with another company where the pay is higher, but you remain uncertain if that work environment will undoubtedly be better then the current one. After all, it isn't all about the money. Imagine if you later change your brain? After all, this is not a straightforward decision. Of course your boss can absolve you and take you back, nonetheless it isn't guaranteed.
