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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 time or in the wrong manner, it can have a very negative effect on your career. You may get a job offer with another corporation where the pay out is higher, but you remain not sure if that work place will undoubtedly be better then your current one. After all, it isn't all about the amount of money. What if you afterwards change your mind? After all, this is simply not a straightforward decision. Of course your boss can absolve you and hire you back, but it isn't guaranteed.