They have been and are out there. But all it takes is a change on C level and cost cutting suddenly is everything, loyalty a thing of the past. That is, you cannot count on loyalty anymore, even if the company you are working for is currently showing it (or seems to).
Anecdotally, I’ve heard of many cases of “up or out” in FAANGs, which in other terms is a negative preference for loyalty.
(This, in fact, is one of the reasons people working in those companies perpetually seem to be practicing interview questions and Leetcode every day.)
You can really see what people are made of when they face adversity. Good luck.
They don’t award experience and depth of knowledge in any way that is indicative of fostering retention
I mean by that definition, they wouldn't be hiring much, so you don't see them o. n the radar.
There’s a reason for the low tenure at most firms and it’s primarily due to the lack of rewarding experience and depth of field knowledge at most companies. When you have to get a new job just to get a salary increase that keeps up with inflation you are going to see a lot of job hopping when the skills of the workforce are generally in demand.
How often is it that someone leaves because they can get paid better elsewhere? Why do we think this wouldn’t drive the primary cause of people leaving companies?
Where the fuck is the company showing any loyalty to its workforce?