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If you are switching jobs:
"I'm leaving the business" is a phrase that requires a lot of courage. When pronounced at the incorrect period or in the wrong manner, it can employ a negative effect on your profession. You may get a job give with another business 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 is not all about the amount of money. What if you change your mind later? After all, this is simply not a straightforward decision. Needless to say your boss can absolve you and hire you back, nonetheless it isn't guaranteed.
