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If you are switching jobs:
"I'm leaving the business" is a phrase that requires plenty of courage. When pronounced at the incorrect time or in the wrong manner, it can have a very negative impact on your career. You can find a working job present with another firm where the pay is higher, but you are still uncertain if that ongoing work place will undoubtedly be better then the current one. After all, it isn't all about the amount of money. What if you change your brain later? After all, this is not an easy decision. Needless to say your boss can forgive you and consider you back, but it isn't guaranteed.