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If you are switching jobs:
"I'm leaving the business" is really a phrase that will require a lot of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative effect on your profession. You may get a working job offer with another corporation where the pay out is higher, but you remain uncertain if that work environment will undoubtedly be better then the current one. After all, it isn't all about the amount of money. What if you later change your mind? 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.
