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If you are switching jobs:
"I'm leaving behind the company" is a phrase that will require a lot of courage. When pronounced at the incorrect time or in the wrong way, it can have a very negative effect on your profession. You can find a working job present with another corporation where the pay out is higher, but you remain uncertain if that work environment will undoubtedly be better then your current one. After all, it is not all about the money. What if you later change your mind? After all, this is not a straightforward decision. Needless to say your boss can absolve you and consider you back, but it isn't guaranteed.
