It’s harder than you’d think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good.
It’s harder than you’d think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good. - 
Listen To The Story
Marketplace

It’s harder than you’d think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good.

The Stanford economist Edward Lazear, with his co-authors Kathryn Shaw and Christopher Stanton, analyzed data from a company that has 23,000 employees and 2,000 bosses. From this data, they were able to track individual bosses and see how much a good boss can improve productivity. Their answer: about 10 percent.

Lazear also talks about one of his old bosses -- President George W. Bush -- and we hear from another boss who tells us that humility and a sense of humor are among the most valuable things a boss can offer.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.