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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 wrong time or in the wrong way, it can have a very negative effect on your profession. You may get a working job offer with another company where the pay is higher, but you are still uncertain if that ongoing work place will undoubtedly be better then your current one. After all, it is not all about the amount of money. What 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.