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If you are switching jobs:
"I'm leaving the business" is really a phrase that requires lots of courage. When pronounced at the wrong time or in the wrong manner, it can have a very negative impact on your career. You can find a working job offer with another firm where the pay out is higher, but you remain not sure if that ongoing work environment will undoubtedly be better then the current one. After all, it is not all about the money. Imagine if you afterwards change your brain? After all, this is simply not an easy decision. Of course your boss can forgive you and consider you back, but it is not guaranteed.