If my employer pulled such a palpable show of arrogance someday, you can bet I'd have quit before sundown.
I know it'll probably take you half a year to fill my position, while I'll happily be working somewhere else within the week.
Though from what I gleamed of your personality from your comments, it's likely you wouldn't have managed to get me on board in the first place.
Also did you ever consider that some of your employees/contractors may be running their own companies/business when they're not working at yours?
Do you really think they value your business above theirs?
And even if they don't, do you think they value your company above their family/friends/life?
Do you think your attitude even has a chance of inspiring different priorities? I highly doubt it.
Your company sounds like a terrible place to work.