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