Did You Know? Some Mentoring Facts To Consider
Posted by Grace Sanchez on Fri, Jun 11, 2010 @ 04:29 PM
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.
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