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If you are switching jobs: "I'm leaving the company" is really a phrase that requires lots of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative effect on your career. You may get a job present with another company where the pay out is higher, but you remain not sure if that work environment will be better then the current one. After all, it isn't all about the amount of money. Imagine if you change your mind later? After all, this is simply not a straightforward decision. Of course your boss can absolve you and consider you back, nonetheless it is not guaranteed.