In this podcast episode dedicated to the new edition of the Handbook of Labor Economics, Professor Katherine Shaw from Stanford Graduate School of Business discusses the recent advances in Personnel Economics and, in particular, the role of managers.
What do managers do, how do they do it, and what is their impact on workers’ productivity? She explains that good managers can significantly boost team productivity, equivalent to adding an extra team member. Her research highlights that effective management is crucial for employee retention and satisfaction, especially during economic downturns.