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If you are switching jobs:
"I'm leaving the business" is a phrase that will require 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 out is higher, but you remain uncertain if that work environment will undoubtedly be better then your current one. After all, it is not all about the money. Imagine if you later change your mind? After all, this is not an easy decision. Of course your boss can forgive you and hire you back, nonetheless it is not guaranteed.
