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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 incorrect period or in the wrong way, it can have a very negative impact on your career. You may get a working job offer with another corporation where the pay is higher, but you are still uncertain if that work environment will be better then the current one. After all, it is not all about the money. What if you change your mind later? After all, this is not a straightforward decision. Needless to say your boss can forgive you and consider you back, nonetheless it isn't guaranteed.