The Great Resignation How Important is Mentoring to Retaining Workers

In today's competitive job market, it is more important than ever to retain your best workers. One way to do this is to provide mentoring and development opportunities. A recent study by the Society for Human Resource Management (SHRM) found that workers who received mentoring were more likely to stay with their company than those who did not. The study found that mentoring can play a key role in retaining workers. Workers who received mentoring were more likely to feel that their job was important, that they had a good relationship with their supervisor, and that they had a good understanding of their job responsibilities. They were also more likely to feel that their company cared about them and provided them with the resources they needed to do their job well. Mentoring can help workers feel connected to their company and more invested in their work. It can also help them learn new skills and grow their career. If you want to keep your best workers, provide them with a mentoring programme.

By having a mentor, workers can receive feedback, gain access to resources, and learn the ropes of their industry. This can help them feel more connected to their jobs and be more likely to stay with their company for the long haul.

Mentoring is important to retaining workers because it provides them with support and guidance, which can help keep them motivated and on track. Additionally, mentoring can help employees develop their skills and grow their careers. A recent study by the Aberdeen Group found that companies with structured mentoring programs have 54% lower turnover rates than companies without such programs. Mentoring can also help organisations save money. The study found that organisations with structured mentoring programs saved an average of $1,500 per employee per year. This is because mentoring helps employees stay with their companies longer, reducing the need for costly replacements.

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Peer Pioneers

Peer Pioneers

Mentoring Action Plan - Strategic Human Resource Management