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If you are switching jobs:
"I'm leaving the business" is a phrase that will require a lot of courage. When pronounced at the wrong period or in the wrong way, it can employ a negative effect on your profession. You may get a job offer you with another company where the pay out is higher, but you are still uncertain if that work place will be better then the current one. After all, it isn't all about the money. What if you afterwards change your brain? After all, this is simply not a straightforward decision. Needless to say your boss can absolve you and take you back, but it isn't guaranteed.
