Build the best possible corporate culture. While many reasons exist as to why employees are beholden to their employers, the most important one is the corporate culture. Corporate culture transcends all others.
Corporate culture is so important that when it is bad, the other reasons won’t matter. No matter how good all the other aspects of that employer may be, a bad corporate culture has a way of undermining everything. However, when the corporate culture is good, it has a way of improving employee engagement even when many other factors are far from perfect.
Corporate culture relates to how we treat each other, what our leadership approach is, and what behaviors we condone or discourage. It draws the boundaries around what will or will not happen in the workplace. For most people, this is incredibly important. That is why we ought to strive to build the best possible corporate culture. That is an investment that you, your employees, and your customers will never regret.