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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 time or in the wrong manner, it can have a very negative effect on your profession. You may get a job offer with another corporation where the pay is higher, but you are still uncertain if that work place will undoubtedly be better then the current one. After all, it is not 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 take you back, nonetheless it is not guaranteed.
