Top 10 benefits of mentoring

Cathy Hoy explains why mentoring is a crucial part of the development process

Employee development is essential to the success of any organisation. Mentoring can be a key part of that development, providing employees with the opportunity to learn from more experienced colleagues. In fact, mentoring is one of the most important relationships in the workplace, with benefits for both the organisation and the individuals involved.

Here are my 10 top reasons why mentoring is so essential in the workplace:

1. Mentoring provides guidance and support to employees, which can help them reach their goals

2. It helps organisations develop their talent pipeline and improve retention rates

3. Individuals who are mentored are more likely to be promoted

4. Mentoring creates a sense of community within an organisation and encourages networking

5. The mentor-mentee relationship can be a powerful learning tool for both parties involved

6. It can help close skills gaps within an organisation

7. Mentoring can improve an individual’s job satisfaction and motivation

8. It can help reduce stress levels and increase work/life balance

9. Mentoring can boost an individual’s confidence and self-esteem

10. Finally, mentoring is simply good for business: Organisations with mentoring programmes have been shown to outperform those without any form of mentoring in place

About the author

Cathy Hoy is the CEO and founder of CLO100. She has more than 20 years experience working within Learning and Organisational Development, leading the global learning, talent and culture strategy for a number of organisations across various industries.

Having worked globally for some well-known brands, such as British Gas, Expedia, Tesco and Coca Cola European Partners, Cathy’s wealth of knowledge and experience has seen her successfully develop and implement learning strategies and initiatives that have significantly improved employee and business performance.