Recently there has been much discussion around mentoring programs as one key component to developing high potentials. Yet, my belief is that every employee deserves a mentor in the organization because mentor programs provide a support system and a connection to the organization that drives employee engagement. And, when employee engagement increases, retention and productivity rises.
Mentoring programs impacted employee retention rates in 77% of the companies having implemented them according to Leigh Branhan author of The 7 Hidden Reasons Employees Leave: How to Recognize the Subtle Signs and Act Before It's Too Late. So why limit a mentor program to just high potentials in your organization? I think that you shouldn't. Every employee should have the opportunity to benefit from a mentor if they desire one.
So if you believe in mentor programs and the benefits your organization can reap from one, what steps do you need to take next to develop and launch a mentoring program?
Mentor programs have been proven to be a valuable component to developing and retaining employees. Make sure you take the necessary steps to successfully launch your program.