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If you are switching jobs:
"I'm leaving the company" is really a phrase that requires lots of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative impact on your career. You may get a working job offer with another corporation where the pay is higher, but you are still not sure if that ongoing work environment will be better then the current one. After all, it is not all about the amount of money. Imagine if you change your mind later? After all, this is simply not a straightforward decision. Of course your boss can absolve you and hire you back, but it isn't guaranteed.
