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At my agency, it seems if you are going to a perceived competing agency, you have to leave immediately. I think the reasoning is access to sensitive client info, files, etc. If you're going client side, out to do your own thing or moving or whatever, you stay out your two weeks.
Most of the time, you're able to stay two weeks. On rare occasions they'll ask you to leave that day (if you weren't that valued) or finish up the rest of the week (depending on the day you give notice).
It really depends on what the situation is. But, as @BDM1 said: if you’re going to be competitive, they’ll show you right out