The benefits of formal mentoring programs

- I'm going to start by asking you…to dream big about what you really want…out of your formal mentoring program.…Do you want to build a mentoring program…so that employees will be happier,…more productive, treat each other better,…and stick around for the long term?…If your answer is yes, the good news is…these are realistic expectations.…The latest data on employee engagement…shows that nearly two thirds of the US workforce…is disengaged, which, I know, is kind of depressing.…

But the good news is that mentoring can serve…as a driver to engage and energize your employees.…Some benefits of formal mentoring programs…include greater employee retention,…increased organizational citizenship behavior,…which means people treat each other well…and help one another, better employee satisfaction.…Also, formal mentoring programs can help…with employee onboarding, they can serve…as a tool to develop high-potential employees,…and formal mentoring programs…are often employed as a key strategy…to bring more diversity into top management.…