How this consulting firm boosted retention via mentorship

Published 4 Min Read

Mentor, mentee going over work
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It’s National Mentoring Month, and as employees seek increased connection and professional development opportunities at work, this is a perfect time to make sure they have someone who helps them feel settled and supported in their role. 

Ninety-two percent of Fortune 500 companies offer mentoring programs, and their average profits are three times higher than those without such programs, according to MentorCliq. Their research also shows a 50% higher retention rate among employees who have a mentor. In a survey of over 1,300 CEOs, Vistage reported that 86% attribute their career achievements in part to mentors along the way, solidifying the connection between mentoring and professional success.

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


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