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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 wrong period or in the wrong manner, it can have a very negative effect on your career. You can find a job offer with another business where the pay is higher, but you are still not sure if that ongoing work place will be better then the current one. After all, it is not all about the money. What if you change your mind later? After all, this is not a straightforward decision. Of course your boss can absolve you and hire you back, nonetheless it is not guaranteed.