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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require plenty of courage. When pronounced at the incorrect period or in the wrong manner, it can employ a negative effect on your career. You may get a working job present with another business where the pay is higher, but you remain not sure if that work environment will undoubtedly be better then your current one. After all, it is not all about the amount of money. Imagine if you later on change your brain? After all, this is simply not an easy decision. Of course your boss can forgive you and take you back, but it isn't guaranteed.
