Cookies?
Library Header Image
LSE Research Online LSE Library Services

The value of bosses

Lazear, Edward P., Shaw, Kathryn L. and Stanton, Christopher (2014) The value of bosses. Working papers series. Social Sciences Research Network, Rochester, NY, USA.

[img]
Preview
PDF - Published Version
Download (981kB) | Preview

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.

Item Type: Monograph (Working Paper)
Official URL: http://www.ssrn.com/en/
Additional Information: © 2014 The Authors, Social Science Electronic Publishing
Divisions: Management
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets: Departments > Management
Research centres and groups > Managerial Economics and Strategy Group
Date Deposited: 14 Aug 2014 16:01
Last Modified: 17 Jul 2020 23:06
URI: http://eprints.lse.ac.uk/id/eprint/59022

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics