Organisational benefits

73% Increase Employee Retention
71% Improve Leadership Skills
66% New Hire Orientation
62% Enhance Career Development
48% Promote Diversity
30% Improve Employee Technical Knowledge
Modis Professional Services, (March 1999)

A survey of over 60 Fortune 500 firms found that only 16% of mentees intended to quit within the following 12 months compared with a rate of 35% for employees who had not been mentored.
Emerging Workforce Study, Interim (1999)

In a survey of US companies with formal mentoring programmes, 77% indicated that mentoring improved both employee retention and performance.
Business Finance

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