1. when you announce you are leaving, management makes an effort to retain you. This could come as a salary match, or as a pitch with new title / authority. It certainly includes sincere regret and the belief that your departure leaves a big hole in the group.
2. as others leave, you find new responsibilities being driven to you. I'm not talking about being required to take on more repetitive crapwork, but exerting more responsibility and decision making. As you become the "veteran" of the group, your expertise become more recognized, and you are increasingly viewed as the expert.
As always, these aren't definitive, but you might recognize these patterns as the job market thaws and people leave.
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