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If you are switching jobs: "I'm leaving the company" is really a phrase that will require 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 may get a job offer you with another organization where the pay is higher, but you are still uncertain if that ongoing work environment will be better then the current one. After all, it is not all about the amount of money. Imagine if you change your mind later? After all, this is simply not an easy decision. Needless to say your boss can forgive you and consider you back, but it is not guaranteed.