It doesn't seem to win me any points.
In fact, it seems to actually count against me, as I'm sometimes accused of being "snobby."
Ah, well...
STORY TIME:
A few months after I had been promoted (the first time) to a manager, one of my new employees was hired by my boss' boss, while I was out on medical leave.
When I got back, I found out that he had made a promise to the new (now hired) employee, that he was not "legally" allowed to do, and had to let the guy do it (because he promised).
He asked me to sign it off.
I declined, sure that my job was in jeopardy.
Surprisingly, he took it well, and it was never mentioned again (until now). He actually had a lot of Integrity, and was uncomfortable with it (it was a mistake; not deliberate).