The True Cost of a Bad Boss
There are only two kinds of bosses: those that support their teams and have a positive overall impact on productivity and those that do not. Unfortunately, a lot of U.S. bosses are just making work harder to do well. Today, nearly one-third of American employees report that they feel underappreciated by their direct supervisors. And a full 44% say that they’ve been verbally or even physically abused by a superior at some point in their careers.
The latest video from OnlineMBA breaks down the enormous cost of these horrible and not-so-great bosses. Between stress-related health expenses, productivity losses and the costs associated with high employee turnover rates, bad bosses are costing U.S. companies an estimated $360 billion each year.
Video and article provided by OnlineMBA, with permission.