Benefits of Having a mentorship Program
An ideal employee is committed to being a lifelong learner, someone who wants to continually develop professionally throughout their entire career. These days, continuous development is among the top priorities for candidates, and they are looking for that extra benefit.
One way an organization can offer career development is by establishing a mentorship program for their employees. Mentorship is a one-to-one relationship between employees that can help develop skills, gain knowledge, and improve the workplace overall.
Benefits of a Mentoring Program
Career Development
A mentoring program will allow employees to develop personally and professionally. It will also help organizations to quickly create scalable growth and development opportunities, improving employee retention.
Improved Onboarding
Mentorship can help reduce the overwhelming feeling many employees can experience when first joining a new team. This will lead to an increase in productivity and a faster onboarding process.
Reduced Costs
Training can get expensive with new employees. Mentorship programs can help promote from within, reducing the amount of time and money that needs to be spent training new employees.
Learning Culture
Programs will help establish a collaborative learning environment where both mentors and mentees continue developing important skills.
Like most things, mentoring is not a one-size-fits-all solution and must be tailored to your organization specifically. However, once a mentoring program has been established, it can have incredible benefits within an organization.