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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 incorrect 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 corporation where the pay out is higher, but you remain uncertain if that work environment will be better then the current one. After all, it isn't all about the amount of money. Imagine if you change your mind later? After all, this is not an easy decision. Of course your boss can absolve you and take you back, nonetheless it is not guaranteed.