In the two years I've been writing about Americans' changing relationship to work, there's one theme that's come up over and over again: loyalty. Whether my stories are about quiet quitting, or job-hopping, or leveraging a job offer from a competitor to force your boss to give you a raise, readers seem to divide into two groups. On one side are the bosses and tenured employees, the boomers and Gen Xers. Kids these days, they gripe. Do they have no loyalty? On the other side are the younger rank-and-file employees, the millennials and Gen Zers, who feel equally aggrieved. Why should I be loyal to my company when my company isn't loyal to me?
I knew it would happen again the other month, when I was reporting on white-collar workers who secretly juggle multiple full-time jobs. Overemployment, as the phenomenon is known, violates society's implicit norms of loyalty to one's employer more flagrantly than anything else I've encountered. But when I asked these overemployed professionals whether they felt bad that they were essentially cheating on their bosses, they were unapologetic. "My parents told me, 'Don't switch companies, grow in one company, be loyal to one company, and they'll be loyal to you,'" one guy told me. "That may have been true in their days, but it definitely isn't today anymore."
The biggest raise I've ever gotten in my 20 year career was 10%. The smallest increase in salary from switching jobs was 20%, and that's an outlier. Staying in one job just isn't worth it anymore.
And there's the problem. Employers are businesses, and no matter how loyal your boss is to you and vice versa, some beancounter will axe your job without a second thought. "Just business" is anathema to loyalty.