The Value of Bosses
Edward Lazear,
Kathryn Shaw and
Christopher T. Stanton
No 18317, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of technology-based services workers, supervisor effects are estimated and found to be large. Replacing a boss who is in the lower 10% of boss quality with one who is in the upper 10% of boss quality increases a team's total output by more than would adding one worker to a nine member team. Workers assigned to better bosses are less likely to leave the firm. A separate normalization implies that the average boss is about 1.75 times as productive as the average worker.
JEL-codes: J01 J24 J3 (search for similar items in EconPapers)
Date: 2012-08
New Economics Papers: this item is included in nep-eff, nep-hrm and nep-lab
Note: LS
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Citations: View citations in EconPapers (24)
Published as Edward P. Lazear & Kathryn L. Shaw & Christopher T. Stanton, 2015. "The Value of Bosses," Journal of Labor Economics, vol 33(4), pages 823-861.
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Related works:
Journal Article: The Value of Bosses (2015) 
Working Paper: The Value of Bosses (2014) 
Working Paper: The value of bosses (2014) 
Working Paper: The Value of Bosses (2012) 
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