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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 time or in the wrong way, it can have a very negative effect on your career. You may get a job offer with another firm where the pay out is higher, but you are still uncertain if that ongoing work environment will undoubtedly be better then your current one. After all, it is not all about the amount of money. What if you later change your brain? After all, this is not an easy decision. Of course your boss can forgive you and consider you back, but it isn't guaranteed.