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Mentorship Presentation

Kirstin Bounds

Created on January 9, 2023

The Benefits of a Mentorship Program

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Transcript

The Benefits of a Mentorship Program

Kirstin Bounds: Training Coordinator

Table of Contents

The Benefits of a Mentorship Program

Diveristy, Equity, Inclusion, & Belonging

Types of Mentorship

How does mentorship promote a whole & healthy culture?

What is a mentor? How will it look at PHC?

Employee Retention

What's In It For Me?

Do mentorship programs keep employees around?

How will I personally benefit from a mentorship program?

What is a Mentor?

"A mentor is a seasoned professional who informally guides a less experienced person in their professional endeavors." Business News Daily

Peer mentor
Life mentor
Career mentor

help employee get acclomated to the organization & guide them through their professional growth

advise their mentee on designing a professional life that is compatible with their personal journey

coach their mentee around meeting their overall career goals

"Part of what makes mentorship programs so powerful is their effect on both individual and organizational growth. Having seasoned professionals guide new employees is an empowering process."

Maggie Wooll at BetterUp

What's In It For Me?

Increased Productivity

Job Satisfaction

Professional Growth

90%

88%

89%

of mentorship participants say they saw an increase in productivity due to mentoring.

of employees in a mentoring relationship report that they are happy with their job.

of mentees say they plan to mentor someone else.

Diversity, Equity, Inclusion, & Belonging

The employees that report the most rewarding experiences with mentorship are women and minorities.

The most successful strategy for turning diversity from an ideal into a reality is mentoring.

Younger employees mentoring older employees has been shown to eliminate ageism in the workplace.

Employee Retention

BUT

Lack of recognition, misalignment with company values, & lack of growth opportunities are some of the common reasons employees leave.

Mentorship programs foster sense of loyalty to the organization in employees by meeting their needs in significant areas

The vast majority (around 85%) of employees report being "not engaged" or actively disengaged.

The positive, encouraging workplace culture that mentor relationships create boosts engagement

What We've Learned

The Benefits of a Mentorship Program

What's in it for me?

What is a Mentor?

Employee Retention

DEI&B

Historically underrepresented employees feel heard & valued, improving the health and wholeness of the culture

Employee engagement goes up, and the gratifying relationship fosters a sense of loyalty to the organization

An experienced professional who guides an employee with less experience through their professional journey

Increased productivity, greater job satisfaction, and more opportunities for professional growth

References

Asare, J. G. (2019, September 27). The key to diversity and inclusion is mentorship. Forbes. Retrieved January 12, 2023, from https://www.forbes.com/sites/janicegassam/2019/09/26/the-key-to-diversity-and-inclusion-is-mentorship/?sh=4a0b42417fbd Avila, M. (2022, July 8). Mentoring statistics: The research you need to know. The Mentor Method. Retrieved January 12, 2023, fromhttps://www.thementormethod.com/single-post/mentoring-statistics-the-research-you-need-to-know Beheshti, N. (2022, October 12). Improve workplace culture with a strong mentoring program. Forbes. Retrieved January 12, 2023, from https://www.forbes.com/sites/nazbeheshti/2019/01/23/improve-workplace-culture-with-a-strong-mentoring-program/?sh=23b4a40676b5 Effective mentorship programs in the workplace are doable. Effective Mentorship Programs in the Workplace Are Doable. (n.d.). Retrieved January 12, 2023, from https://www.betterup.com/blog/mentorship-programs Gallup, I. (2022, November 14). How to improve employee engagement in the workplace. Gallup.com. Retrieved January 12, 2023, from https://www.gallup.com/workplace/285674/improve-employee-engagement-workplace.aspx How to improve diversity and inclusion with mentoring. How to Improve Diversity and Inclusion With Mentoring | Guider Blog. (n.d.). Retrieved January 12, 2023, from https://www.guider-ai.com/blog/improve-diversity-and-inclusion-with-mentoring How to improve employee retention (and prevent turnover). How to Improve Employee Retention (and Prevent Turnover). (n.d.). Retrieved January 12, 2023, from https://www.betterup.com/blog/employee-retention?hsLang=en

Thanks for your attention!