Leading experts have weighed in on this question and the ultimate answer is that a healthy company culture assigns value, respect and recognition to its employees.
Employees tend to prefer companies with supportive cultures instead of companies with only monetary benefits.
A supportive management provides flexibility to its workers, charts a clear career path for their growth and ensures open communication.
Company cultures that value employee recognition are 49% more likely to keep employees motivated. 
50% of employees ranked regular and candid communications as their top priority in a healthy company culture. 
Employees who do not feel supported in their goals are 3 times more likely to quit. 
Having better managers can increase job satisfaction by up to 70%, according to a Gallup report. 
A supportive management tends to improve revenue per employee by 27%. 
Providing opportunities for promotion and growth is proven to increase employee engagement and motivation. 
56% of employees agree that they would upskill if their manager suggested a course to improve skills. 
90% of higher executives admit that Learning & Development directly benefits the company. 
What are 3 benefits of a healthy company culture?
A healthy company culture improves employee satisfaction and reduces turnover. It also contributes to increased revenues and attracts the best talent in the industry. Overall, it is crucial to the long term growth of a company and its employees.
How can managers ensure a positive company culture?
Managers need to ensure that their workplace culture values employees’ efforts and invests in their professional and personal wellbeing. Most employees report that better recognition, improved work-life balance, and opportunities for growth and promotions are key to a positive culture.
How to identify toxic workplace cultures?
Toxic company cultures tend to dismiss employee needs and fail to recognize their potential. Cultures that create barriers to professional growth of employees and disregard their work-life balance are rated poorly. Employees that do not receive proper recognition and support look for other jobs and leave as soon as a better opportunity arrives.
Company culture is proven to be the deciding factor behind employee productivity, higher revenue and employee retention.
Investing in a healthy company culture is increasingly becoming the top priority of executives and board members.
Job seekers and employees prefer companies that are willing to support their career growth, learning and work-life balance.
Martin is the CEO and Co-founder of Jobera.com, a global remote career advice platform. As a Career and Job Search Expert, he is dedicated to helping job seekers worldwide develop skills, find career opportunities, and land jobs efficiently. Martin shares his expertise by guiding individuals toward professional success and fulfillment.