The importance of mentoring

 

Mentoring is important to people because…

Both mentors and mentees feel more empowered, are happier, more highly valued by organisations and gain more promotions and pay rises

Mentoring is important to organisations because…

It’s a cost-effective way to develop people. Productivity, engagement and retention rates are also higher for both mentors and mentees.

What is mentoring? Simply put, it’s one person helping another

The benefits of being a mentor

 

  • Increases confidence, knowledge and skill set
  • Career advancement
  • Hones leadership skills
  • Feel good about giving something back
  • Builds a professional legacy
  • Re-enforces existing knowledge
  • Can learn from their mentee

The benefits of being a mentee

  • Helps meet their goals
  • Reduces stress
  • Increases confidence in their role
  • Support and guidance
  • Greater understanding of their own strengths and weaknesses
  • More likely to mentor others

The benefits of mentoring for an organisation

  • Reduces turnover, retains people, their knowledge and skills
  • Helps close skills gaps
  • Improves diversity and inclusion
  • Develops a talent pipeline
  • Increases productivity and engagement
  • Happier, more efficient workplaces
  • A great return on investment from mentoring

If you would like to find out more about how you can get going with mentoring within your organisation, please get in touch