Post by patrickschwaner on Mar 12, 2014 16:11:32 GMT -6
Although I was aware that there are many workers who are unhappy with their boss, I was pretty shocked at the actual monetary costs that a bad boss can have. I certainly feel like more studies should be done on this subject, and more businesses should be aware of the costs that a boss who alienates his or her employees can have. We've all had at least one boss who can be verbally or emotionally abusive, but businesses should be aware that actual dollars are at stake here when you factor in hiring and recruitment costs for new employees and the lower productivity that is surely to surround an abusive boss.
It really doesn't surprise me that employees with bad bosses are more likely to have chronic depression, high levels of stress, and anxiety. It also doesn't surprise me that having a bad boss can cost a company lots of money as well. When you have a bad boss employees are less motivated to do what they have to do. On the other hand with a bad boss some employees may not even know what to do. Which results in a company not being as fully profitable as they could. Great video.
This video was very informative. When talking about bad bosses, most classes focus on the effect of the boss on the employees. The effect that these bosses have on the company is usually overlooked. I didn't realize that the amount of money a bad boss could cost a company would be so high. If the costs of a bad boss are this high, companies should put plans in place to better train management so that they can avoid some of these costs. I have worked for a bad boss in the past, and he was the primary reason that I left the company.
Post by arenee1370 on Mar 14, 2014 18:50:37 GMT -6
I truly believe this is accurate. I remember my first job working in an office setting. I had an under qualified boss who tried to make me do things that she couldn't even do so her trying to explain what needed to be done was hopeless. She reported to someone else and would fuss at me about not having an assignment done in time. This work environment made me not want to go to work at all and left a bitter taste in my mouth. Since then I have had a few better experiences with bosses but still and all that one time made me feel very inadequate and unworthy.
I never thought about the consequences a bad boss could have on the American society. I am glad that in my few years in the working force I only ever had one bad boss. But she was so unappreciative. The sad part was that she was not a bad boss because she was mean or abusive. She was a bad boss because she lost sight of what and who was important, she was never at the business, and she did not care. She was the number one reason why I found another job and left her business. It has not been twenty-two months yet so I guess my stress levels are back to normal yet.
Post by jessweaver on Mar 23, 2014 14:32:54 GMT -6
This video makes perfect sense. One of the best ways a company can recruit new employees is to treat their current employees well. I have asked tons of people about their jobs, their boss, and if they like the atmosphere of the company. Some people value that atmosphere of the company and they relationships with upper management for valuable than pay or other benefits. I am one of those people. I would much rather work for a company that has a great, friendly atmosphere than one where I make a lot of money, but am constantly stressed out to the max. I currently work at an accounting firm and I absolutely love it. The atmosphere is excellent: all of the managers and even the directors and CEO of the company has an open door policy. I am never afraid to walk into one of their offices and ask them a question or how to do something. Especially in this economy that is trying to come back from a recession, many people are already stressed about being able to provide for their families, and having a bad boss that is going to cost them even more in headaches, doctor bills, etc. is not worth the extra money they are going to make.
Luckily I can't relate to this video, I have worked for the same company for over 5 years and I love my boss. However, I can see why other people have so many problems in their lives because of bad bosses. The video mentioned that even after people quit their jobs it still can take up to 22 months to restore their sanity after having dealt with a bad boss. I can't imagine working for a person that cruel that it would take 2 years to get over! I think that managers in top positions can sometimes lose themselves when they are given so much power and don't realize the effects they have on other people. A company can't run well if the employees don't want to work there.
I am shocked by the number of people who actually have bad bosses. I have never had a bad boss but I can imagine that it would add significantly to your stress levels and decrease any desire you have to be productive or even get out of bed in the morning. I genuinely feel bad for anyne that has to deal with the stress of having a sub par boss. This video has made me appreciate my wonderful bosses all the more.
Post by briandavis1 on Apr 9, 2014 12:14:40 GMT -6
Bad bosses are diffidently a negative cost on businesses. Bosses can eather make a person want to stay with a company or leave a company. Hiring individuals costs alot of money for the training process. So in order to keep people around a boss should be respectful and understand the goals of a company and relate them to the the employees .
I have worked for bosses before who I don't consider to be good bosses. This video gave me an entirely new prospective on a "bad boss". In the real world, it is crazy to see the negative effect a bad boss can have on you. Companies may not even realize what it is costing them. Although it is important to focus on hiring employees, I find it even more important to hire a great boss. Without a good boss, you will not have good employees, resulting in a lack of motivation and ultimately a bad company with even worse productivity.
Post by ashleysegalla on Apr 24, 2014 10:38:46 GMT -6
I really liked this video. I have worked for some terrible bosses. I currently love my job, but my boss makes it a terrible job. I can see why bad bosses make such a huge impact on the workplace. It makes the job a lot more stressful when you have to go in and see your boss, and kind of puts a damper on the whole day. This is why I would like to be self employed. That way I don't have to deal with bad bosses again.
I must say I do like the drawn videos the most. This video is really eye opening in regards to health not just monetary effects. It is common sense to know that a bad boss can lead to high turnover rates. I don't think that some companies pay enough attention to what is the real cause that they cannot keep employees, i'm sure most of it can be tracked back to the boss. Southwest is a company with not only the lowest turnover in their industry but one of the lowest turnover rates overall. I think if more companies modeled Southwest's approachon valuing employees that they would also be able to save on highering and training costs
Post by joshuabrungart on May 2, 2014 17:42:06 GMT -6
Wow I thought the numbers and statistics were crazy. I knew of the incurred cost such as recruitment costs and training cost associated with having a higher turnover because of a bad boss running off employees, but I did not realize the other costs associated with it. Good story of a bad boss getting what was coming to them... My friend worked for a bad boss like I'm sure the majority of people have encountered throughout their working career. Even though she had been with the company since she was 16 and had worked for the company for many year she contemplated quitting many times, sometimes many times daily just because she was so miserable because of her boss. Although she did not quit she was miserable for a few more years until she got a new boss. Her old boss was still with the company and continued to be a higher up. Many years later my friend was quietly happy when karma had came back to her old boss as they were demoted from being a supervisor of 10+ stores to being a manager and running their own store, which was very hard and stressful work.
Post by paigecrawford on May 5, 2014 21:19:29 GMT -6
This video was very interesting to me. I personally have had a couple of terrible bosses. I think this video should probably be shown to all bosses. I especially thought it was interesting that she said it takes 22 months to restore your normal stress level after experiencing a terrible boss. From my experience I could definitely see how this can be true.
After watching this video it is no surprise that there is a cost of a bad boss. Being happy in the workplace would be the way to have the most success as a company. With a boss that is on your back, it adds stress to the work environment which is a loss in productivity. Having healthy, happy employees is what makes a company strong and keeps the company together. This is something we should all look at in our workplace and see if we have any unwanted stress in our workplace.
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