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