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If you are switching jobs:
"I'm leaving the company" is a phrase that will require lots of courage. When pronounced at the incorrect time or in the wrong way, it can have a very negative effect on your profession. You can find a job offer with another firm where the pay is higher, but you remain uncertain if that ongoing 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 a straightforward decision. Of course your boss can forgive you and consider you back, nonetheless it is not guaranteed.