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The True Cost of a Bad Boss

posted: 3 months ago

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.

True Cost Of A Bad Boss PicUnfortunately, 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.

We all know it isn’t easy being the boss. How can you inspire someone who knows that it’s your job to make sure they’re doing theirs ? Until bosses find some magic ability to lead with all the vision of Jack Donaghy and all the lovability of Leslie Knopes, workers and bosses will just have to keep living with each other.

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