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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 wrong period or in the wrong manner, it can have a very negative impact on your profession. You may get a job give with another firm where the pay is higher, but you are still not sure if that ongoing work place will be better then the current one. After all, it isn't all about the money. What if you later on change your brain? After all, this is not a straightforward decision. Of course your boss can absolve you and take you back, nonetheless it is not guaranteed.
