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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 employ a negative impact on your profession. You may get a job offer with another corporation where the pay is higher, but you remain uncertain if that work environment will undoubtedly be better then your current one. After all, it is not all about the amount of money. Imagine if you later on change your mind? After all, this is simply not an easy decision. Of course your boss can absolve you and hire you back, nonetheless it isn't guaranteed.
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