The High Cost of Bad Bosses

A recent workplace study by Evolv quantified the cost we pay as a result of incompetent managers.

The annual cost of bad management to the US economy is estimated as $360 billion. Three of four workers characterized dealing with their supervisor as the most stressful part of their day, and that employee/manager relationships were the best predictor of retention rates.

Supervisors who engage with their teams were found to have retention rates 5 to 6 times greater than those of "drill sergeant" supervisors.