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Axa says “Goodbye boss title”. Instead, the insurance company is confident in its liability levels from the beginning of the year. This makes Axa one of the pioneers, especially in the financial sector.
When we look at the number of managers, we see this: Bosses are the fastest growing professional group in Switzerland. According to figures from the Federal Statistical Office, the number of managers has increased from 233,000 to 457,000 since 1990.
The Swiss Trade Union Confederation (SGB) is not keen on this development. “Besides wages, one of the most common complaints employees have is bosses,” says SGB chief economist Daniel Lampart (55). Employee blame: Bosses create more problems than they solve.
Are fewer bosses more productive?
The problem is reminiscent of the saying: Many cooks spoil the broth. The same is probably true for many managers. After all, they want to leave their mark, whether through workshops or new organizations. This is a situation that frustrates many people, as feedback from SGB employees shows.
“Many managers are not entirely clear about what they do all day,” Lampart continues. Fewer bosses can even increase productivity in a company. Because other employees will have more time for their main job.
A study conducted by the Gottlieb Duttweiler Institute in mid-2023 also shows this: A survey revealed that employees perceive 20 percent of their work as unnecessary. According to the study authors, this situation is due to both the company’s internal bureaucracy and the large number of managers.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
