Little wonder, then, that even as bosses are wooing superstars, there is inevitably a question gnawing at them: Is the superstar worth it? Young stars at the firm—who were also top solo performers early on—were often underpaid versus their relative worth. Older stars increased nonstars’ performance by 6.2% on average, transferring expertise, brokering connections and modeling winning behaviors. At the same time, managers should prepare the young stars for the changes that will come later in their career. Bosses might also track stars’ performance with metrics like the number of promotions among mentees and improvement in mentees’ performance rating.

Source: Wall Street Journal July 27, 2024 23:17 UTC