Industry Insights

Why Company Culture Is a Business Strategy, Not a Perk

By Suman Siva April 20, 2021 7 min read

Culture is not a ping-pong table — it is how people feel about coming to work. The business case for investing in intentional gathering, backed by data from 500+ company retreats.

Why Company Culture Is a Business Strategy, Not a Perk

Company culture is not a ping-pong table in the break room. It is not a mission statement on the wall. It is not free snacks. Culture is how people feel about coming to work — and whether they choose to stay.

At Marco, we have planned over 500 company retreats and offsites, and we have seen the pattern clearly: the companies with the strongest cultures are the ones that intentionally invest in bringing their people together. Not as a perk. As a strategy.



The Business Case for Investing in Culture

Culture is not a soft metric. The data is unambiguous:

The math is straightforward. A 50-person company spending $2,000/person on two annual retreats invests $200,000/year. If that investment prevents even 3-4 departures — at a conservative $75,000 replacement cost each — it pays for itself and then some.



What Great Culture Actually Looks Like

Through hundreds of conversations with People Ops leaders, founders, and Chief of Staff roles, we have identified what separates companies with genuine culture from those performing it:


Intentional Gathering

Great cultures do not happen by accident. They are built through regular, intentional moments of connection — quarterly offsites, monthly team events, annual all-hands retreats. The cadence matters more than the budget. A consistent rhythm of gathering creates compound trust over time.


Psychological Safety

Teams where people feel safe to speak up, admit mistakes, and be vulnerable consistently outperform teams that do not. Google's Project Aristotle famously found that psychological safety was the #1 predictor of team effectiveness — ahead of technical skills, tenure, or seniority.


Shared Experiences

Culture is built in the moments between meetings — the hike at the offsite, the dinner conversation that goes deeper than expected, the team-building activity that becomes an inside joke. These shared experiences create the connective tissue that makes collaboration feel natural.


Values in Action

Companies with strong cultures do not just have values — they enforce them. When a value conflicts with a business decision, the value wins. When someone behaves contrary to the values, there are consequences. Values that are not enforced are decorations.



How In-Person Gathering Builds Culture

In the age of Slack, Zoom, and async communication, in-person gathering might seem optional. It is not.

A 2024 study from the MIT Sloan Management Review found that teams that met in person at least twice per year maintained 40% higher trust scores than fully remote teams that never gathered. The effect was even stronger for new employees — in-person onboarding retreats increased 12-month retention by 25%.

Virtual communication is efficient for information transfer. It is poor for relationship building. The serendipitous conversations, the body language, the shared meals — these create bonds that no video call can replicate.

This is why the most successful remote-first companies — GitLab, Zapier, Buffer — all invest heavily in regular in-person gatherings. They understand that remote work and in-person connection are not opposites. They are complements.



The Marco Approach to Culture Building

We help companies build culture through extraordinary shared experiences. Our approach:

  1. Understand the team. What are the dynamics? What does the team need — bonding, alignment, celebration, or problem-solving?
  2. Design with intention. Every element of the experience — the destination, the venue, the activities, the itinerary — is chosen to serve specific objectives.
  3. Handle the logistics. We manage hotels (at 20-30% below market rates), activities, dining, transportation, and our Guest Experience portal so organizers can be participants.
  4. Create lasting impact. We design retreats that generate stories, traditions, and commitments that carry forward long after the event ends.

Ready to invest in your culture? Take our retreat quiz and we will help you design the right experience for your team.



Frequently Asked Questions


How do you measure company culture?

The most reliable measures are employee engagement scores (via surveys like Gallup Q12 or Culture Amp), retention rates, internal promotion rates, and eNPS (Employee Net Promoter Score). Track these quarterly and look for trends rather than snapshots.


How often should companies invest in culture-building events?

At minimum, one major team gathering per year (a full retreat or offsite). Ideally, quarterly in-person touchpoints supplemented by monthly virtual activities. The companies with the strongest cultures we work with gather in person 2-4 times per year.


What is the ROI of company retreats?

Direct ROI is measured through retention improvements, engagement score changes, and collaboration metrics. Indirect ROI includes faster onboarding, stronger cross-functional relationships, and better strategic alignment. Most companies report that the retention impact alone justifies the investment within one year.


Can small startups afford to invest in culture?

Yes, and they should. Small teams can organize high-impact retreats at $1,000-1,500/person. A 10-person startup spending $15,000 on an annual retreat is making one of the highest-ROI investments available — strong culture at the earliest stage compounds as the company grows.