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If you are switching jobs:
"I'm leaving the business" is a phrase that requires lots of courage. When pronounced at the incorrect time or in the wrong way, it can employ a negative effect on your career. You can find a job offer you with another business where the pay out 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 amount of money. Imagine if you change your mind later? After all, this is not a straightforward decision. Of course your boss can forgive you and consider you back, but it isn't guaranteed.
