What this all boils down to is, the effect of having a bad boss in your organization can be demoralizing. Resulting in high turnover, poor employee morale, employee theft, diminished customer service, second-rate employee performance, lower production, and a managerial culture of fear and distrust can all be blamed in part on poor bosses and managers.
The costs of having poor managers and bosses can be hard to believe. Employee turnover, businesses have to consider the expense it cost to train a new employee , which is different for all industries and positions, but has been roughly estimated at $15,000 – $17,000 per employee in low to moderately skilled positions. Having a manager who drives potentially significant employees from your organization can have a huge impact on your bottom line, and your customers.
A good work environment is often much more important than their current pay level. Employees who work under a poor boss are less likely to give the extra effort asked of them when it is needed most. These employees are unlikely to take on additional tasks, work longer hours, or work occasional weekends, and are generally less content with their jobs.
Poor managers on the other hand lead by fear, mistrust, and deceit. Employees who cannot adapt to this environment are likely to leave, and with good reason. Those who do stay are often unhappy with their work environment, or worse adapt to and reinforce this self-perpetuating customs. Some of these employees will eventually move on to management positions themselves and continue the cycle of poor managers and less than stellar results.
Many employees would be willing to supply additional time and effort when asked of them, and might only require minimal compensation if they are happy with their job and work environment. While those employees who are disgruntled with their current job conditions are likely to refuse outright, or demand costly compensation for their efforts.
Managers and Bosses should be the captains of your organizational team. They should be great motivators, innovators, and leaders, who motivate the team members they supervise to achieve great things. These managers understand how to treat employees fairly and with respect, and more importantly understand why it is important to do so. Managers who do this in turn produce new leaders for the organization who will follow the example set forth by their predecessors.
It is clear to see that the stakes couldn’t be higher when it comes to selecting who will manage the employees of your organization. Hiring a bad manager can have disturbing effects on your company and can put the organization in a serious rut which can be nearly impossible to get out of. While having a great management team can ensure the future progression of new successful managers and the overall health and long life of your organization.
The problem is clear, and a solution at hand: hire and retain better managers who in turn retain better employees who are then able become strong and effective managers. Sounds good on paper right?