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If you are switching jobs:
"I'm leaving the company" is a phrase that requires a lot of courage. When pronounced at the wrong period or in the wrong manner, it can employ a negative effect on your profession. You may get a working job offer with another company where the pay is higher, but you are still uncertain if that ongoing work place will undoubtedly be better then your current one. After all, it isn't all about the amount of money. Imagine if you change your brain later? After all, this is not an easy decision. Needless to say your boss can absolve you and hire you back, nonetheless it is not guaranteed.
