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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 incorrect period or in the wrong way, it can employ a negative effect on your profession. You may get a working job give with another firm 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 isn't all about the amount of money. What if you afterwards change your brain? 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.
