Benefits of having a Mentor

Research shows mentoring can have a positive influence on mentees, mentors and organisations in areas of professional development, productivity, promotion and retention.

Professional development

  • In a recent (2009) independent survey of 59 of the 79 Local Government CEOs in Victoria, 88% identified professional mentoring programs as one of the best ways to develop the skills required to become a CEO in Local Government (Source: Metropolis Research)
  • In a further survey of 232 potential CEOs in Local Government in Victoria, 80% identified professional mentoring programs as one of the best ways to develop the skills required to become a CEO in Local Government (Source: Metropolis Research)
  • More than 60% of students listed mentoring as a criterion for selecting an employer after graduation (Source: MMHA)

Productivity

  • 71% of Fortune 500 companies use mentoring to ensure learning occurs in their organisations (Source: ASTD)
  • 95% of mentoring participants said the experience motivated them to do their very best (Source: The War for Talent by Ed Michaels, Helen Handfield-Jones and Beth Axelrod)

Promotion

  • 75% of senior officers attribute mentoring to playing a key role in their careers (Source: ASTD)
  • CEOs attribute mentoring as one of the top three factors affecting career growth (Source: AccountTemps survey of Fortune 500 companies)

Retention

  • 77% of companies say mentoring programs increase staff retention (Source: The Center for Creative Leadership)
  • 62% of employees who receive mentoring said they are very likely to stay with their current employer (Source: Yellowbrick)
  • Provides a ‘personalised’ development opportunity to address individual learning needs
  • Provides an opportunity to develop new skills and expertise
  • Provides access to independent and objective perspectives
  • Enhances confidence in dealing with challenges and issues
  • Enhances networking opportunities
  • Drives the mentee to set goals and to strive towards them
  • Refines organisational awareness and insight
  • Increases individual visibility and recognition in the organisation
  • Helps to clarify and enhance career direction and advancement
  • Provides support during times of change and transition

To apply to be a mentor click here

To apply to have a mentor click here