Business Mentoring Matters

Did You Know? Some Mentoring Facts To Consider

Posted on Fri, Jun, 11, 2010

A comprehensive case study in 2006 by Gartner, a Connecticut-based market research firm, of over 1,000 workers from Sun Microsystems over a five-year period revealed the following benefits of a formal mentoring program:

  • 25% of employees who enrolled in a mentoring program had a positive salary-grade change, while only 5% of workers who did not participate in a mentoring program had a change
  • Mentors were promoted six times more often than those who did not mentor formally.
  • Mentorees were promoted five times more often than those who were not formally mentored.
  • Retention rates were higher for both mentorees (72%) and mentors (69%) than for employees who did not participate in a mentoring program.

To learn more about mentoring programs, and how your organization can benefit from having one, please click here to contact us.

business mentoring

Tags: Corporate Mentoring