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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 incorrect period or in the wrong way, it can have a very negative impact on your profession. You may get a working job give with another corporation where the pay out is higher, but you are still not sure if that work place will be better then your current one. After all, it isn't all about the amount of money. Imagine if you later change your mind? After all, this is not an easy decision. Needless to say your boss can absolve you and hire you back, but it isn't guaranteed.
