Retaining Top Talent
Mentoring and retention form a natural partnership. Studies have shown that when organizations support their employees through mentoring, they retain them longer – increasing retention rates by as much as 80%.
Organizations must develop employees, especially in uncertain economic times, when the pressures of increased efficiencies, shrinking workforces and threatened job loss can lead high potential employees to seek security elsewhere. Meaningful mentoring relationship may be the one thing that keeps your future leaders on board. When the economy rebounds, high potential employees are recruited vigorously. Loyalty to both the mentor and the organization will decrease the likelihood that they can be wooed away by your competitors.
High-potentials are the future. An investment in mentoring and is the organization’s future. Create a mentoring culture!