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It turns out we can get numbers for how valuable managers are, and indeed, it is more value than the lower level employees, by a factor of about 1.75. In turns
by hawkice 12y ago
It turns out we can get numbers for how valuable managers are, and indeed, it is more value than the lower level employees, by a factor of about 1.75. In turns out that the difference in increased productivity is roughly in line with the difference in pay.
http://faculty-gsb.stanford.edu/lazear/personal/PDFs/Bosses.pdf http://faculty-gsb.stanford.edu/lazear/personal/PDFs/Bosses....