While, I understand that the idea of cradle to grave employer is out dated. I do believe that there is a certain amount of loyalty that should go both ways in a good employment situation. If the employee is given what they want -- raises, promotions, etc (we are all different) -- they are more likely to stay. Thus saving the company time and money in recruiting and hiring new employees. And they don't loose vital links and experience.

I know that not all businesses work this way. There are several in the Madison area, that will only hire new college graduates, and through low raises and slow promotions to all but a select few, they drive off experience workers after two years. I just don't think that this is a good plan in the long run.