In a multi crew turbine aircraft you have a surplus of power and resources on your side. You have a wider range of engine monitoring, fire suppression and redundancy at your disposal. Finally you have two pilots who are current and practiced in handling an engine failure. In spite of all that, the standard procedure is to declare a matday.
Yes, I hear you say, because commercial operators will bias their procedures towards safety and towards standardising the response of their pilots, but I don’t think for a moment that negates a respect for their response to an engine failure.