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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 wrong period or in the wrong manner, it can have a very negative effect on your career. You can find a working job present with another organization where the pay is higher, but you remain uncertain if that work place will be better then the current one. After all, it isn't all about the amount of money. Imagine if you afterwards change your brain? After all, this is not an easy decision. Needless to say your boss can absolve you and consider you back, nonetheless it is not guaranteed.