At the heart of every organization is its culture—its personality and identity. Today, people are putting more importance on company culture than ever before. Deloitte recently found that 94% of executives and 88% of employees consider a distinct workplace culture important to organizational success.
Here are five compelling stats that you’ll want to consider as you develop and manage your mentorship programs, according to an Olivet Nazarene University study.
Mentorship programs can motivate your employees, develop their leadership skills, and improve productivity. But setting up an effective mentorship program isn’t always easy.
Mentorship programs are becoming an important part of the modern-day workplace. Consider the fact that 83% of workers have participated in a mentoring program and admit that their experience positively influenced their desire to stay with an organization. Furthermore, 56% of Americans have had a professional mentor or have one now.
Research and studies reveal how beneficial career mentoring programs are to mentors, mentees, workplaces, organizations, and even entire industries, so whether you’re interested in improving your current career mentoring program or starting a new one, below is more detailed information about career mentoring that you’ll want to explore.
Did you know that 69% of employees are more likely to stay with a company for 3 years (or longer) if they experience great onboarding and that organizations with a standard onboarding process experience 50% greater levels of productivity from their new hires?
What do companies like Microsoft, UnitedHealth, and Target have in common? They are all on board with a formal reverse mentoring program by Millennials.
While the Millennial generation is set to take over the workforce soon, there are still a lot of Baby Boomers in the workforce in managerial roles or vying for managerial roles.
According to recent research, 83% of workers participating in a mentoring program admitted that their experiences positively influenced their desire to stay at their organizations. And, luckily, there are many types of mentor-mentee relationships that your organization can help promote via various types of mentorship programs.
In a previous post, we discussed the difference between mentors and sponsors in the workplace.