By Jan Murray on Friday 9th November 2018
According to the 2018 Deloitte Millennial Survey 43 % of millennials and 61% of Gen Z's expect to leave the company they work for within two years.
However, this streamlining often means there are now fewer middle managers and so Generation Z are being given more responsibility, much earlier. This in turn could mean that this generation are not receiving the support they need to help them grow and develop and to perform their roles to the expected standard. This can result in disillusionment with their career or increased levels of stress. Either way it doesn't produce a happy and engaged workforce.
A management culture which supports individual employees to achieve their desired career path is the dominant reason behind high staff retention.
Upskilling and mentoring can boost business growth and staff commitment and empower employees. It is a smart way of ensuring your business remains agile. Employees that take up new learning opportunities are hugely valuable, they have a broader understanding of the business and are more likely to stay within the business long term.
Employees with the right mentor can quickly move up in a company and absorb new knowledge.
A mentee can stretch a mentor, teach them new skills and help them develop their own personal and professional skills. Mentoring relationships are safe places to test out techniques, receive feedback and learn what is needed to help someone else experience success. It can also be a great environment for developing both a mentee and mentor's own self-awareness.
Find out more about running a mentoring initiative within your organisation.