Why aren't employees more loyal to their employers?

Because you cancelled the pension plan. When everyone lost their stock in GM. Because of that temp whose desk moves every 6 months, but feels like an employee. Because all of the people who used to be employed as janitors and maintenance people were laid off and brought back as 'contractors' - making less, with no path for advancement. When we had a child and took a day and a half off from work. When we were 'like family' but made 5k less than we could on the open market, when you made your son who had been there 2 years the CEO.

IBM used to have a no-layoff policy. Managers used to have Acrylic desk paperweights. People were loyal as children to IBM back then. in 1995 they hired a non-IBM president (the cookie-monster). Layoffs followed. People stopped being loyal. IBM tanked. Surprised?

> Why aren't employees more loyal to their employers?

Because employers are not loyal to their employees in the slightest. A minor financial bump leads to layoffs. A controversial opinion leads to being fired. A tasteless but otherwise harmless joke leads to being fired. No regular significant raises unless the employee changes the jobs. Freshly hired employee getting higher salary for the same position, what makes it look like the company puts a tax on the employees that stayed there longer instead of rewarding them. No systematic, predictable, and generally available way to learn new skills, so the employee is stuck forever on the same position unless changes the jobs.

Why would anybody offer their loyalty in return for virtually nothing?