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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 time or in the wrong way, it can have a very negative impact on your career. You can find a working job offer with another corporation 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 money. Imagine if you afterwards change your mind? After all, this is not a straightforward decision. Of course your boss can forgive you and consider you back, nonetheless it isn't guaranteed.
