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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 wrong period or in the wrong manner, it can have a very negative impact on your career. You can find a job present with another company where the pay out is higher, but you remain not sure if that ongoing 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. Of course your boss can absolve you and take you back, but it is not guaranteed.