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The True Cost of a Bad Boss

The True Cost of a Bad Boss

 

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.

Kevin Kennemer is founder of The People Group based in Tulsa, Oklahoma. Kevin is driven by his passion for company owners and their need to earn a profit, employees’ desire for a positive and fulfilling work experience, and the community that benefits when both groups do well.

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