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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 can find a working job offer you with another business where the pay is higher, but you remain uncertain if that work place will be better then your current one. After all, it is not all about the amount of money. What if you afterwards change your mind? After all, this is simply not an easy decision. Of course your boss can absolve you and hire you back, but it is not guaranteed.