By Jan Murray on Monday 5th Mar 2018
An effective workplace mentoring program could prove to be an important benefit to both existing and prospective employees. Mentoring provides the critical edge that marks the difference between career success and failure, as these studies demonstrate:
Time after time, research studies show that the number one reason an employee decides to leave an organisation is the lack of career advancement and development opportunities. Mentoring has been proven to be a cost-effective strategy to engage and nurture employees, helping to develop their talents and knowledge and increase job satisfaction.
One of the most critical elements in retaining great people is effective mentoring.
Mentoring is a process that involves understanding a mentee's ambitions and capabilities, their successes and challenges and helping them to use this knowledge to push their career forward.
By connecting your employees to the right mentor your organisation can provide an extremely cost effective way to efficiently transfer valuable competencies from one person to another, build skills, create valuable networks, support career planning, build strong teams and increase employee engagement and retention.
A workplace mentoring program can support a variety of initiatives,
A workplace mentoring program can be effectively used to develop an individual's hard and soft skills. They can be used to boost retention as well as help individuals with career development. Employees represent your brand every day, so it is important to invest in their job/career satisfaction and in employee engagement.
A workplace mentoring program can also be used to help address generational divides and tensions in the workplace. By enabling younger or less experienced workers to connect with older, more experienced ones both business and people management skills can be developed. It will be rewarding for both mentor and mentee.
Why not request a demonstration of the PLD workplace mentoring platform and have a chat about how it could work for you.