Mentoring Mania

11-08-2016 -- admin

Companies today are adopting mentoring as a strategy to stimulate growth and lower turnover rates, which can cost up to 200% of the salary of the employee that is being replaced. Mentoring is a more casual relationship with no formal obligations or goals that involves a two way exchange of knowledge, social capital, and psychosocial support mutually beneficial to both parties. Some techniques include supervisory mentoring (multiple mentors each with a specialization), mentoring circles (group workshops) and flash mentoring (single, short meetings). The return on investment when a mentoring program is applied is up to times greater than where it is not.

2016-08-11 00:00:00