Has employee loyalty finally died?

You'd reckon the answer is yes (for many people). But why? And what does it mean? And how can companies react and maybe get a strategic advantage back from it?

Employee loyalty is a variation on the idea of 'The Gold Watch Era.' Basically, back in the day -- maybe your generation, or maybe your parents or grandparents -- people tended (everyone is obviously unique in some respect) to work at companies for a longer period of time and potentially even retire at those companies, thus earning a Gold Watch. That wa…