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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 wrong time or in the wrong manner, it can employ a negative effect on your career. You can find a working job give with another corporation where the pay out is higher, but you are still not sure if that work environment will undoubtedly be better then the current one. After all, it is not all about the money. What if you later change your brain? After all, this is not a straightforward decision. Of course your boss can forgive you and consider you back, nonetheless it isn't guaranteed.
