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 manner, it can have a very negative effect on your career. You may get a working job give with another organization where the pay is higher, but you are still uncertain if that ongoing work place will be better then the current one. After all, it is not all about the amount of money. What if you change your mind later? After all, this is simply not a straightforward decision. Needless to say your boss can forgive you and consider you back, but it isn't guaranteed.
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