[foxyv]

They wouldn't jump ship if you paid them what they were worth on the market. Or gave them the barest inkling that they were secure in their organization and not subject to arbitrary layoffs. Or if there were some sort of pension plan. Or if companies didn't keep foisting more and more insurance costs onto employees. Or if applying for a job didn't take 3-4 months and unemployment covered 100% during that transition period.

Job loyalty didn't just die, it was killed along with pensions and tenure. A lot of employees are applying to other jobs because, it takes so long to get through the application process, they can't rely on getting another job in time if they get laid off. Job hopping is the new job security. The fact that it is the only way to get a raise only accelerates it all.