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 way, it can employ a negative effect on your career. You can find a working job offer with another corporation where the pay is higher, but you remain uncertain if that ongoing work environment will be better then the current one. After all, it is not all about the money. Imagine if you change your mind later? After all, this is not an easy decision. Of course your boss can absolve you and consider you back, but it isn't guaranteed.
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