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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 time or in the wrong manner, it can employ a negative impact on your career. You may get a job offer you with another business where the pay out is higher, but you are still not sure if that ongoing work environment will undoubtedly be better then the current one. After all, it isn't all about the money. Imagine if you afterwards change your brain? After all, this is simply not an easy decision. Of course your boss can absolve you and take you back, nonetheless it isn't guaranteed.
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