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If you are switching jobs:
"I'm leaving the business" is really a phrase that will require a lot of courage. When pronounced at the incorrect period or in the wrong manner, it can employ a negative effect on your career. You can find a job present with another firm where the pay is higher, but you are still not sure if that work environment will be better then the current one. After all, it is not all about the money. What if you change your mind later? After all, this is simply not an easy decision. Needless to say your boss can absolve you and consider you back, but it isn't guaranteed.
