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One of the reasons why employees some loyal to larger companies is because they invest in the future of their employees with workplace pensions etc. In Britain it has now become part of the LAW to offer a workplace pension to qualifying employees: but at great cost to small business.
Why Corporate Social Responsibility is Important. Corporate social responsibility (CSR) is a broad term used to describe a companyâs efforts to improve society in some way. These efforts can range from donating money to nonprofits to implementing environmentally-friendly policies in the workplace. CSR is important for companies, nonprofits, and employees alike. Corporate social responsibility is not a mandated practice in the United States; instead, it is something extra that companies do to improve their local and global communities.