(DegreeSearch.org)
Mentoring can be an influential tool in familiarizing employees to an organization's culture and help them grow in their jobs. It can be tremendously valuable to have someone who has your best interests at heart and can explain the facts of your corporate culture and offer treasured advice. Informal mentoring has been going on continually, but companies are increasingly identifying that formal mentoring programs can provide momentous benefits for both the employee and the organization. Positive benefits include is statistical growth in employee retention, growth and satisfaction. The focus of my analysis was the increase in employee retention vs.
Articles:
Blake, Rose. Employee Retention: What Employee Turnover Really Costs Your Company. WebProNews. July 24, 2006.
Bridgeford, Lydell. Mentoring Programs Still Have a Place in the 21st Century. Employee Benefit News, August 1, 2007
Corporate Leadership Council. (2005). Mentoring: From Theory to Action. Corporate Leadership