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Gen Z software engineer here. From what I can tell my generation doesn't care that much about company loyalty and all of that jazz. That's true for me as well. Companies have a soulless aspect to them. I can't put my soul into that. If another place is willing to throw more money at me, I will take it. Sure, if my workplace is extra nice I will think twice about it, but most of the time it isn't.
Then there's the lack of investment in the younger folks on the part of the company. No mentorship programs, a lack of workshops, etc. Our input isn't taken into account and is often overlooked. That's not the right way to show young people that you care about them or their future. In turn they won't care about you or your company's future.
Also the fact that people tend to bring their politics to work is a big problem for me. This is especially true with the boomers in the company. They love to stroke their right-wing, often bigoted political opinions in front of us at work. Mostly in the form of complaining about whatever they saw today on Instagram or Facebook. Now this isn't inherently a problem that can be brought up with HR, mostly because they do it in a subtle and veiled enough manner that there's not much you can do about it. But I'd say that personal politics is another big factor for me. It makes me not care that much about the workplace/company as a whole.
Milenial here. I was taught to not care about company loyalty by my father, a boomer.
I'm as loyal to my company as they are to me.
If big boss is cranky that day, I might get fired. If I make A mistake I might get fired. I am payed as little as they think they can get away with. My benefits are the vert least they can give me.
They will do very very minimum they can. Make no investments in me that are not going to be immediately beneficial to them...
I get payed pretty well concidering everything. But I Know that I am just a name in a spreadsheet to these people. If I get in a car accident and can't work for a few months, the company and management will not care. They will just be annoyed that they have to struggle to fill my shift.
Why in the world would I have any loyalty to an organization like that. Why would I have any loyalty to management like that.