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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require plenty of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative impact on your career. You may get a working job present with another corporation where the pay is higher, but you remain not sure if that 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 mind later? After all, this is simply not an easy decision. Needless to say your boss can absolve you and consider you back, but it isn't guaranteed.