When done right, mentorship clearly improves employee retention and performance:
“Those indenting to stay with their organization for more than five years are twice as likely to have a mentor (68 percent) than not (32 percent)” - Deloitte Millennial Survey
“77% of companies with mentorship programs believe they improve employee retention” - Survey of Fortune 500 companies
“Mentorship is the most effective diversity initiative and can boost the representation of minority groups at the manager level by 9 to 24%" - Cornell University IRL School Research Paper=
But how are North American corporations performing with their corporate mentorship programs? To find out, we interviewed and surveyed employees from 50+ leading North American companies.
Our research revealed a number of alarming gaps in employees’ mentorship needs and the support their companies are providing. To get the full report, access it here.
You can also learn more about Together's mentorship platform here.