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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require plenty of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative impact on your career. You can find a job present with another firm where the pay is higher, but you are still not sure if that work place will be better then the current one. After all, it isn't all about the money. What if you change your mind later? After all, this is simply not an easy decision. Needless to say your boss can absolve you and take you back, nonetheless it isn't guaranteed.
