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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require lots of courage. When pronounced at the wrong period or in the wrong way, it can employ a negative effect on your career. You may get a job offer you with another organization where the pay out is higher, but you remain uncertain if that work place will undoubtedly be better then your current one. After all, it is not all about the amount of money. Imagine if you change your brain later? After all, this is simply not a straightforward decision. Of course your boss can absolve you and take you back, nonetheless it is not guaranteed.
