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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require a lot of courage. When pronounced at the incorrect time or in the wrong manner, it can employ a negative impact on your career. You may get a job offer with another firm where the pay out is higher, but you are still not sure if that ongoing work place will undoubtedly be better then your current one. After all, it is not all about the money. What if you change your brain later? After all, this is simply not a straightforward decision. Of course your boss can absolve you and consider you back, nonetheless it is not guaranteed.
